Us Economy Growth 2024 By Month. Gdp growth rate for 2021 was 5.80%, a 8.01% increase from 2020. This week, for example, the government estimated that the economy expanded at a healthy 2.8% annual rate last quarter, with consumer spending helping drive growth.

Economy grew by more than originally thought in the second quarter, with real gdp increasing by an annualized 3%. Yet with just days to go before the presidential election, the majority of.