US Q4 GDP 2024 update! - Part 2

Let's break down the latest US Q4 GDP 2024 estimate.  The US reported an estimate of 2.3% GDP growth for Q4 2024.

GDP growth = G + I + C + NE

Q4 GDP (1st estimate) = 0.42 + (-1.03) + 2.82 + 0.04 = 2.25 (2.3)

Q4 GDP (2nd estimate) = 0.49 + (-1.05) + 2.79 + 0.12 = 2.35 (2.3)

The US had just made some marginal changes to its Q4 GDP estimate without affecting the overall GDP growth of 2.3%.