Us Economy Today 2024. Economy grew more slowly in the first quarter than previously estimated after downward revisions to consumer spending and a key measure of inflation. The key surprise has been much stronger than expected gdp growth,.

The us economy’s standout performance will be a major driver of global growth this year but could make america’s inflation problem harder to solve, according to the. Economy to expand 2.5% in 2024, the same as in 2023 but up sharply from the 1.6% the bank had predicted in january.