Market
What will be the change in US GDP price index in Q4 2024?
4
Resolution / Starting Odds
Below 1.5% • 25%
1.5% to 2.0% • 25%
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Above 2.5% • 25%
US Bureau of Economic Analysis report on Q4 2024 GDP price index
Story
US Q3 GDP Revised to 3.1%, Driven by 3.7% Rise in Consumer Spending
Dec 20, 2024, 10:59 AM
The US economy expanded at an annualized rate of 3.1% in the third quarter of 2024, exceeding expectations and the previous estimate of 2.8%. The growth was propelled by vigorous consumer spending, which increased by 3.7%, and an uptick in exports. Business fixed investment and residential investment were also revised upward. Real final sales to domestic purchasers, a measure of core GDP, were revised from 3.2% to 3.4%. The GDP price index remained steady at 1.9%.
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Above 2.5% • 25%
Below 1.5% • 25%
1.5% to 2.0% • 25%
2.1% to 2.5% • 25%
Q1: <2.0%, Q2: <2.0%, Q3: <2.0%, Q4: <2.0% • 25%
Mixed outcomes • 25%
Q1: >3.0%, Q2: >3.0%, Q3: >3.0%, Q4: >3.0% • 25%
Q1: 2.0%-3.0%, Q2: 2.0%-3.0%, Q3: 2.0%-3.0%, Q4: 2.0%-3.0% • 25%
3.0%-4.0% • 25%
2.0%-3.0% • 25%
<2.0% • 25%
>4.0% • 25%
3.1% to 3.5% • 25%
More than 3.5% • 25%
2.5% to 3.0% • 25%
Less than 2.5% • 25%
Above 0.30% • 25%
0.01% to 0.15% • 25%
0% or less • 25%
0.16% to 0.30% • 25%
Exports • 25%
Government Spending • 25%
Consumer Spending • 25%
Business Investment • 25%
