Us Gdp 2024 Q3 2024. Gross domestic product increased at a 2.8% annualized rate in the third quarter, below the 3.1% estimate and the 3.0% reading q2. Because the quarterly data can be volatile,.
Compared with the size of the economy, federal debt held by the public also increased in 2024—rising to 97.8 percent of gdp from 96.0 percent of gdp at the end of fiscal. The baseline forecast is for the world economy to continue growing at 3.2 percent during 2024 and 2025, at the same pace as in 2023.