Us Gdp 2024 Growth. Real gross domestic product increased at a 2.8% annualized pace in the second quarter, above the 2.1% forecast. Uk regular pay growth slows to 5.4% from 5.8% unemployment unexpectedly drops to 4.2% from 4.4% wages still rising faster than boe would like real pay grows at.
Real gross domestic product increased at a 2.8% annualized pace in the second quarter, above the 2.1% forecast. Gdp growth should pick up later in 2024 as inflation subsides and the fed first signals and then actually cuts interest rates.