Us Gdp 2024 Forecast Usa. We continue to expect the economy to transition to slightly below. The final gdpnow model estimate for real gdp growth (seasonally adjusted annual rate) in the third quarter of 2024 is 2.8 percent on october 29, down from 3.3 percent on.

Some moderate growth at yearend and early next year may constrain annual 2025 growth to 1.7 percent. Measured in relation to gross domestic product (gdp), the deficit amounts to 5.6 percent in 2024, grows to 6.1 percent in 2025, and then shrinks to 5.2 percent in 2027 and 2028.