BEA 24-61
Scheduled Date
December 19 08:30:am
Release Title
Gross Domestic Product, 3rd Quarter 2024 (Third Estimate), GDP by Industry, and Corporate Profits (Revised)
Q3 2023 (Adv)
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+4.9%
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Q2 2023 (3rd)
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+2.1%
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Real gross domestic product (GDP) increased at an annual rate of 4.9 percent in the third quarter of 2023, according to the “advance” estimate. In the second quarter, real GDP increased 2.1 percent. The increase in the third quarter primarily reflected increases in consumer spending and inventory investment. Imports, which are a subtraction in the calculation of GDP, increased.