Gross Domestic Product (Second Estimate), Corporate Profits (Preliminary Estimate), Second Quarter 2024
Q2 2024 (2nd)
|
+3.0%
|
Q1 2024 (3rd)
|
+1.4%
|
Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2024, according to the "second" estimate. In the first quarter, real GDP increased 1.4 percent. The increase in the second quarter primarily reflected increases in consumer spending, private inventory investment, and business investment. Imports, which are a subtraction in the calculation of GDP, increased.
- Current release: August 29, 2024
- Next release: September 26, 2024