U.S. GDP Growth Accelerates to 3.1% in Q3 2024, Exceeding Expectations

The United States’ real gross domestic product (GDP) surged at an annual rate of 3.1 percent in the third quarter of 2024, according to the U.S. Bureau of Economic Analysis (BEA)’s final estimate released on Thursday. This marks an upward revision from the previous estimate of 2.8 percent, signaling stronger-than-anticipated economic activity.

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