Us Gdp 2024 Q1 Earnings. Real gross domestic product (gdp) in the us grew at an annual rate of 3.0% in the second quarter of 2024, up from 2.8% in the initial estimate and 1.4% in the first quarter. Last week, another one of my top accelerated profits stocks doubled after crushing analysts’ earnings estimates by 228% and increasing its outlook for fiscal year 2024.
Looking forward, equity analysts predict earnings growth in 2024 of 11.5%, which stands in stark contrast to the philly fed’s survey of professional forecasters expectations of total gdp growth of ‘just’ 3.8%. In the second quarter, real gdp increased 3.0 percent.
