Real GDP increased at an annual rate of 3.0 percent in the second quarter of 2024 according to the Bureau of Economic Analysis.

The Bureau of Economic Analysis reported that real gross domestic product increased at a 3.0 percent annual rate in the second quarter of 2024. The figure refers to growth during the April-through-June quarter, expressed at an annualized rate rather than as the quarter’s unannualized change. BEA’s second estimate, released August 29, 2024, directly supports the wording of the claim. BEA later issued a third estimate and an annual update for the same quarter. That release is the most authoritative later record in the provided sources, although the search-result excerpt does not display the quarter-specific figure. The available evidence does not indicate that the later release overturned the 3.0 percent estimate.bea.govbea.govGross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate),... Other sources provide supporting context rather than stronger independent evidence. The St. Louis Federal Reserve’s FRED series identifies BEA as the source for real GDP data, while National Mortgage Professional reported the August 2024 upward revision to a 3.0 percent annual rate. CNBC’s earlier July report described the advance estimate as 2.8 percent, illustrating the normal revision process as additional data became available.fred.stlouisfed.orgfred.stlouisfed.orgReal Gross Domestic Product (GDPC1) | FRED+4 more

The claim is therefore accurate within its stated timeframe and attribution. It reports a measured economic result, not a claim about why GDP grew or whether the increase represented a particular policy’s effect.