United States Real Consumption Expenditures Growth Rate, Year-over-Year
1948–2024
- United States Real GDP increased 1.9% year-over-year in Q2 2024, following an increase of 1.6% in the previous quarter.
- United States Real Consumption Expenditures Growth Rate, Year-over-Year averaged 2.5% from Q1 1948 to Q2 2024, reaching an all time high of 13.9% in Q2 2021 and a record low of -3.5% in Q4 1974.
Source: U.S. Bureau of Economic Analysis
Related Indicators
| Name | Reference | Last | Previous | Unit |
|---|---|---|---|---|
| Real GDP Growth Rate, Quarter-over-Quarter | Q2 2024 | 3.0 | 1.4 | percent |
| Real GDP Growth Rate, Year-over-Year | Q2 2024 | 3.1 | 2.9 | percent |
| Real Consumption Expenditures Growth Rate, Quarter-over-Quarter | Q2 2024 | 2.0 | -1.1 | percent |
| Real Consumption Expenditures Growth Rate, Year-over-Year | Q2 2024 | 1.9 | 1.6 | percent |
| Nominal GDP, National Currency | Q2 2024 | 28,652 | 28,269 | billion |
| Nominal GDP, USD | Q2 2024 | 28,652 | 28,269 | billion (USD) |
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