3rd Quarter 2024 Gdp Growth. Real gdp grew at a 2.2% annual rate in the first half of this year, and the average of several real time running estimates of gdp is tracking 2.5% growth for the third quarter. Real final sales to private domestic purchasers, a measure of private domestic demand, grew at a solid 2.8% annualized pace in the first half of the year.

Overall, real gdp is expected to increase 2.7% in 2024 and by 1.5% in 2025. Analysis of the us economy in q3 2024, with gdp growth at 2.7% and the fed maintaining policy stance.