Us Gdp 2024 Q1 Earnings. Economists polled by reuters had forecast gdp would rise at a 2.4% rate, with estimates ranging from a 1.0% pace to a 3.1% rate. Q4 gdp expanded 3.4% versus the initial 2% consensus, with consumer spending a primary tailwind, while consensus q1 gdp stands at 1.5%, up from 0.6% at the end of.
The cpi and ppi reports will impact fed rate. Us real gross domestic product rose by 1.6% (annualized) during the first quarter of 2024, well below the consensus forecast of 2.5%* and the conference board’s forecast.