US economic growth accelerated in the second quarter of 2024
August 29, 2024
The Bureau of Economic Analysis (BEA) estimates that real gross domestic product (GDP) grew at an annual rate of 3.0 percent in the second quarter of 2024. This figure is higher than the 1.4 percent growth recorded in the first quarter. The latest estimate is based on more accurate data than the “preliminary” estimate released last month, which showed growth of 2.8 percent.