Us Gdp 2024 Q1 Results. For interest rates, that means rate cuts could begin sooner rather than later. 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.

Real gross domestic product increased at an annual rate of 1.6 percent in the first quarter of 2024, according to the “advance” estimate. Real gdp growth was revised down 0.3ppt to 1.3% in q1 while gross domestic income (gdi) rose 1.5%.