Real US GDP increased at an annual rate of 3.1 per cent in Q3 2024, according to the third official estimate.
In Q2 2024, real GDP increased by 3 per cent.
The increase in real GDP primarily reflected increases in consumer spending, exports, non-residential fixed investment and federal government spending. Imports increased as well.
Real gross domestic income rose by 2.1 per cent in the quarter.
Real US GDP increased at an annual rate of 3.1 per cent in Q3 2024, according to the third official estimate.
In Q2 2024, real GDP increased by 3 per cent.
The increase in real GDP primarily reflected increases in consumer spending, exports, non-residential fixed investment and federal government spending. Imports increased as well.
Real gross domestic income rose by 2.1 per cent in the quarter.