2nd Quarter 2024 Gdp Report. The gross domestic product (gdp) fell by 0.1% in the 2nd quarter of 2024 compared with the 1st quarter of 2024 after adjustment for price, seasonal and calendar variations. The gross domestic product (gdp), a measure of the nation’s economic output, grew at an annualized rate of 2.8% in the second quarter, double the 1.4% rate of the first quarter, the bureau of.
The gross domestic product (gdp) fell by 0.1% in the 2nd quarter of 2024 compared with the 1st quarter of 2024 after adjustment for price, seasonal and calendar variations. In this scenario, gdp will rise faster than the baseline forecast over the entire forecast horizon.