How is the economy doing 2024
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What is wrong with the economy today...
Perspective from the BEA Accounts
BEA produces some of the most closely watched economic statistics that influence decisions of government officials, business people, and individuals.
Why is the economy so bad 2024
These statistics provide a comprehensive, up-to-date picture of the U.S. economy. The data on this page are drawn from featured BEA economic accounts.
U.S. Economy at a Glance Table
National Economic Accounts
Gross Domestic Product, 4th Quarter and Year 2024 (Advance Estimate)
Q4 2024 (Adv) | +2.3% |
Q3 2024 | +3.1% |
Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024, according to the advance estimate.
In the third quarter, real GDP increased 3.1 percent. The increase in real GDP in the fourth quarter primarily reflected increases in consumer spending and government spending that were partly offset by a decrease in investment.
Imports, which are a subtraction in the calculation of GDP, decreased.
Real GDP: Percent change from preceding quarter, Q4'24 (Adv) - HP
Personal Income and Outlays, D
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