Us Gdp Q1 2024. The us economy expanded an annualized 1.4% in q1 2024, slightly higher than 1.3% in the second estimate, but continuing to point to the lowest growth since the contractions in the first half of 2022. Graph and download economic data for real gross domestic product from q1 1947 to q3 2024 about headline figure, real, gdp, usa, nowcast, projection, and rate.

Government spending is forecasted to rise 2.5%. Real gdp was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by dow jones.