Gdp First Quarter 2024. Today’s report shows the american economy remains strong, with continued steady and stable growth. Gross domestic product, which measures all the services and goods produced in the economy, measured an annualized rate of 1.6% in the first quarter, the commerce department reported thursday.

Real gdp growth only advanced 1.6% annualized in q1 2024, following a strong 3.4% gain in q4 2023. Gross domestic product (gdp) in the oecd rose by 0.4% in the first quarter of 2024, slightly up from 0.3% recorded in the previous quarter, according to provisional estimates.