Us Gdp 2024 Q2

Us Gdp 2024 Q2. However, growth in germany, europe's largest economy, stagnated last quarter after contracting 0.1% in q2 and will expand 0.1% this quarter. The latest gdp report showed that a key gauge of consumer demand picked up in the second quarter to an annual rate of 2.9%, matching the rate in the fourth quarter of 2023 for the strongest.


Us Gdp 2024 Q2

The upward revision was mainly due to increased consumer spending (2.9% vs 2.3% earlier reported). However, risks like geopolitical tensions and persistently high inflation remain.

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