Breaking: US GDP grows 2.4% in Q2; overall GDP near $27T

[F-22Raptor]

Real gross domestic product (GDP) increased at an annual rate of 2.4 percent in the second quarter of 2023 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.0 percent.

Current‑dollar GDP increased 4.7 percent at an annual rate, or $305.2 billion, in the second quarter to a level of $26.84 trillion. In the first quarter, GDP increased 6.1 percent, or $391.8 billion (tables 1 and 3).

Gross Domestic Product, Second Quarter 2023 (Advance Estimate) | U.S. Bureau of Economic Analysis (BEA)

Real gross domestic product (GDP) increased at an annual rate of 2.4 percent in the second quarter of 2023 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.0 percent. The GDP estimate released today is based on...

www.bea.gov

 

[Get Ya Wig Split]

But but but “recession is coming” lol

 

[dani191]

and how much the budget deficit as % of gdp will be in october?

 

[silverox]

My impression is that in the last few years, the GDP of the United States is 21 trillion, the GDP of the United States is growing very fast

 

[dani191]

My impression is that in the last few years, the GDP of the United States is 21 trillion, the GDP of the United States is growing very fast

what about the debt?

 

[silverox]

what about the debt?

The debt of the United States, which Americans never intended to pay back to the countries that bought it, is not debt in the usual sense, but an investment in the United States.