Us Gdp 2024 Forecast. The gdpnow model estimate for real gdp growth (seasonally adjusted annual rate) in the third quarter of 2024 is 2.1 percent on september 4, up from 2.0 percent on. The upgrade of gdp growth expectations comes after the economy expanded by 2.9 per cent year on year in the second quarter of 2024, above the survey.
Thanks to those policy shifts,. This forecast also reflects strong domestic spending, supported by robust investments and resilient consumer spending in the latter half of 2024.