How Big Is The Us Economy 2024. Economy is strong by all objective measures, with low unemployment, robust gdp growth, and easing inflation. Net international investment position, the difference between u.s.

Gross domestic product rose at a 2.8 percent annual rate in the second quarter, new evidence of the economy’s resilience despite high interest rates. Inflation trended downward from 6.5 percent year over year in december 2022 to 3.4 percent year over year in december 2023.