Second Quarter Gdp 2024. Gross domestic product rose at a 2.8 percent annual rate in the second quarter, new evidence of the economy’s resilience despite high interest rates. Gross domestic product increased at an unrevised 3.0% annualized rate last quarter, the commerce department's bureau of economic analysis said in its third estimate of.
Trade, residential investment subtract from growth; Economists had expected a reading of 2.1%.
