The Gross Domestic Product (GDP) in the United States expanded 3.20 percent in the first quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in the United States averaged 3.20 percent from 1948 until 2019, reaching an all time high of 13.40 percent in the fourth quarter of 1950 and a record low of -3.90 percent in the second quarter of 2009.
GDP Annual Growth Rate in the United States is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in the United States to stand at 2.00 in 12 months time. In the long-term, the United States GDP Annual Growth Rate is projected to trend around 1.80 percent in 2020, according to our econometric models.