Us Economy Today 2024 Forecast. Real gross domestic product (gdp) increased in 39 states and the district of columbia in the first quarter of 2024, with the percent change ranging from 5.0 percent. Economic growth slows in 2024 as unemployment increases, partly as a result of tight monetary policy.
The q3 2024 forecast indicates how robust consumer spending, high business investment, and lower interest rates have kept optimism about the us. The bankโs latest outlook marks an increase from the 2.4% growth for 2024 it had predicted in january.