Q3 GDP Advance Estimate: Real GDP at 2.8%, Below Forecast

Published on October 31, 2024

The U.S. economy grew slower than expected during the third quarter of this year. Real gross domestic product increased at an annual rate of 2.8% in Q3 2024, according to the advance estimate. The latest estimate is below the forecasted 3.0% growth and is below the Q2 2024 GDP final estimate of 3.0%.

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