Skip to main content    

An official website of the United States government

## Main navigation

-                          Data                            -  by Topic 
  -  by Place 
  -  by Economic Account 
-                          Tools                            -  Interactive Data 
  -  Application Programming Interface (API) 
  -  Country Facts 
  -  BEARFACTS 
  -  Industry Facts 
  -  GDP & Personal Income Mapping 
  -  RIMS II 
  -  eFile 
-                          News                            -  Economy at a Glance 
  -  News Releases 
  -  Release Schedule 
  -  The BEA Wire | BEA's Official Blog 
  -  Survey of Current Business 
  -  Archive 
  -  For Journalists 
-                          Research                            -  Offices of Research 
  -  Meet the Researchers 
  -  Papers 
  -  Special Sworn Researcher Program 
  -  Research Using Company-Level Data 
  -  Fellowship Program 
-                          Resources                            -  Learning Center 
  -  Methodologies 
  -  Multimedia 
  -  Article Collections 
  -  For Congressional Users 
  -  For Developers 
  -  For Students 
-                          About                            -  Who We Are 
  -  BEA Leadership 
  -  Advisory Committees 
  -  Budget and Performance 
  -  Policies and Information 
  -  Working at BEA 
-                          Help                            -  Contact Us 
  -  Ask an Expert 
  -  For Survey Respondents 
  -  Frequently Asked Questions (FAQ) 
  -  Glossary 
  -  Guidelines for Citing BEA 

            -  Home 
            -  BEA Data 
            -  GDP 
            -                   Gross Domestic Product              

# Gross Domestic Product

## Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry,  Second Quarter 2024 and Annual Update

            Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2024, according to the "third" estimate. In the first quarter, real GDP increased 1.6 percent (revised). The second-quarter increase in real GDP was the same as previously estimated in the "second" estimate released in August. The increase in the second quarter primarily reflected increases in consumer spending, inventory investment, and business investment. Imports, which are a subtraction in the calculation of GDP, increased.    

** Current Release

Quick Guide: GDP Releases

                              - Current release:  September 26, 2024
                              - Next release:  October 30, 2024

####     Real GDP: Percent change from preceding quarter, Q2 '24 (3rd) - HP  

#### Real GDP: Percent change from preceding quarter, Q2 '24 (3rd) - HP

### ** Current Release                

#### Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry,  Second Quarter 2024 and Annual Update

Full Release & Tables
Technical Note
Tables Only
Release Highlights
Historical Comparisons
Key source data and assumptions
Revision Information

### **    Interactive Data            

                          -  GDP and the National Income and Product Account (NIPA) Historical Tables       

### **    Supplemental Information & Additional Data            

                          -  Current-dollar and "real" GDP       
                          -  Percent change from preceding period       
                          -  Underlying Detail Tables       
                          -  Motor vehicles      September 05, 2024 
                          -  Prices and Output for Information and Communication Technologies       
                          -  Integrated Macroeconomic Accounts for the United States       
                          -  Estimates prepared for international comparisons based on the System of National Accounts       
                          -  Additional Tables       
                          -  COVID-19 and Recovery       

### **    Documentation            

                          -  NIPA Handbook: Concepts and Methods of the U.S. National Income and Product Accounts       
                          -  Measuring the Economy: A Primer on GDP and the National Income and Product Accounts       
                          -  Browse additional methodology papers       

### **    Information on Updates            

                          -  2024 Annual Update       
                          -  Information on previous updates       

### **    Previously Published Estimates            

                          -  Data Archive      Previously published estimates contain historical data and have since been revised. 
                          -  News Release Archive       
                          -  Vintage History of Quarterly Gross Domestic Product (GDP) and Gross Domestic Income (GDI) Estimates       

### What is Gross Domestic Product?

A comprehensive measure of U.S. economic activity. GDP measures the value of the final goods and services produced in the United States (without double counting the intermediate goods and services used up to produce them). Changes in GDP are the most popular indicator of the nation's overall economic health.

Learn More
 

###             Contact Personnel        

                      -      GDP      Lisa Mataloni   **301-278-9083  **    gdpniwd@bea.gov 
                      -      Corporate Profits      Kate Pinard  **301-278-9417  **    cpniwd@bea.gov 
                      -      Media      Connie O’Connell  **301-278-9003  **    Connie.OConnell@bea.gov 

Download Acrobat Reader

#### Bureau of Economic Analysis  4600 Silver Hill Road • Suitland, MD 20746 

                  - Contact Us
                  - Working at BEA
                  - Frequently Asked Questions
                  - Our Policies
                  - Privacy

                  - Commitment to Scientific Integrity
                  - Data Dissemination Practices
                  - Open Data
                  - USA.gov
                  - Business USA
                  - No FEAR Act
                  - FOIA
                  - U.S. Department of Commerce
                  - Emergency Status 

                  - The BEA Wire | BEA's Official Blog
                  - News Release Feed (RSS)
                  - Sign up for Email Notifications