1st Quarter 2024 Gdp. The q3 2024 forecast indicates how robust consumer spending, high business investment, and lower interest rates have kept optimism. Gross domestic product, which measures all the services and goods produced in the economy, measured an annualized rate of 1.6% in the first quarter, the commerce.
The gross domestic product (gdp) rose by 0.2% in the 1st quarter of 2024 compared with the 4th quarter of 2023 after adjustment for price, seasonal and calendar. The q3 2024 forecast indicates how robust consumer spending, high business investment, and lower interest rates have kept optimism.