2nd Quarter 2024 Gdp. A new bureau of economic analysis report said the advance estimate for us gdp growth in the second quarter was 2.8% at an annualized rate. Its largest quarterly rise since the third quarter of 2022 (chart 4).

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. The us economy grew at a 3% annualized pace in the second quarter, a faster rate than wall street had expected.