Us Gdp 2024 Q3. More sturdy consumer and business spending gains more than offset a drop in housing construction and a widening trade deficit. In a key economic report released just days before the presidential election, gross economic product rose at a 2.8 percent rate in the third quarter.
Some moderate growth at yearend and early next year may constrain annual 2025 growth to 1.7 percent despite. The gross domestic product, or gdp, grew faster than expected.
