Us Gdp Growth 2024. Real gdp growth only advanced 1.6% annualized in q1 2024, following a strong 3.4% gain in q4 2023. Gdp growth rate for 2021 was 5.95%, a 8.71% increase from 2020.
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. Real gross domestic product increased at a 2.8% annualized pace in the second quarter, above the 2.1% forecast.