2nd Quarter 2024 Gdp Usa. In the second quarter, real gdp increased 3.0 percent. Economy grew at a 2.8% annualized rate in the second quarter—a faster rate than economists expected as consumer spending increased and businesses built up.

In the second quarter, consumer spending increased a solid 2.3% annualized, above the 1.5% pace early this year but just below the more than 3% clip in the second half of. 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.