Freddy Ronalda

3rd Quarter 2024 Gdp. Today’s gdp report shows how far we’ve come since i took office—from the worst economic crisis since the great depression to the strongest economy in the world. Gdpnow is a nowcasting model for gross domestic product (gdp) growth that synthesizes the bridge equation approach relating gdp subcomponents to monthly source.

Consumer spending makes up about 70% of economic activity. Economy grew at a 2.8% annual pace last quarter as consumers continued to open their wallets despite.