US GDP Increased at an Annualized Rate of 2.8% in the Third Quarter of 2024

27 November 2024

Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the third quarter of 2024, according to the "second" estimate released by the U.S. Bureau of Economic Analysis. In the second quarter, real GDP increased 3.0 percent.

The increase in real GDP primarily reflected increases in consumer spending, exports, federal government spending, and nonresidential fixed investment.

Source: U.S. Department of Commerce
Post by: Republic of Türkiye Ministry of Trade