How Is The Us Economy Doing In 2024 Today. Economy, rose at a 2.3 percent annual rate in the second quarter — a solid pace, albeit much slower than in 2021, when businesses were reopening. The percentage represents the change in value of everything the u.s.

The biggest albatross for biden’s economy is inflation. We expect real gdp growth to walk the line between a slight expansion and contraction for much of next year, also known as a soft landing.