Us Gdp 2024 Q1 Results. By contrast, eurozone and uk gdp stagnations or small contractions reflect standard business. Consumption growth, while softer, remained the primary economic driver at the onset of the year.

From 2024 through 2028, gdp will increase at an average annual rate of 2.4% per year, 0.6 percentage points higher than the baseline forecast. Real gross domestic product (gdp) increased at an annual rate of 2.8 percent in the third quarter of 2024, according to the advance estimate.