First Quarter 2024 Gdp Growth. Gross domestic product, which measures all the services and goods produced in the economy, measured an annualized rate of 1.6% in the first quarter, the commerce. 2 we expect gdp growth will continue to moderate through the.

But while the headline print missed expectations by a mile, most of the. Real gdp growth only advanced 1.6% annualized in q1 2024, following a strong 3.4% gain in q4 2023.