Us Gdp Growth Rate 2024 Forecast. Elevated central bank rates to fight inflation and a withdrawal of fiscal support amid high debt weigh on economic activity. 2 we expect gdp growth will continue to moderate through the second half of this year and the start of the next, but the story is still positive overall.
The gdpnow model estimate for real gdp growth (seasonally adjusted annual rate) in the third quarter of 2024 is 2.9 percent on september 18, down from 3.0 percent on september 17. The unemployment rate reaches 4.1 percent by the end of 2023 and 4.7 percent by the end of 2024 before falling slightly, to 4.5 percent, in 2025.
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