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   How much did GDP increase in the second quarter?

   • Current‑dollar GDP increased 5.6 percent at an annual rate, or $392.6 billion, in the second quarter to a level of $29.02 trillion, a $9.5 billion larger increase than the previous estimate (tables 1 and 3). More information on the source data that underlie the estimates is available in the "Key Source Data and Assumptions" file on BEA’s website.

   Gross Domestic Product (Third Estimate), Corporate Profits (Revised

   www.bea.gov/news/2024/gross-domestic-product-third-estimate-corporate-profits-revised-estimate-and-gdp-0

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   What happened to Canada's GDP in the second quarter of 2024?

   • A shopper leaves a Real Canadian Superstore in Ottawa on June 25. Canada's gross domestic product grew 2.1 per cent at an annualized rate in the second quarter of 2024, though GDP per capita fell for the fifth consecutive quarter, Statistics Canada said on Friday. (Sean Kilpatrick/The Canadian Press)

   Canadian economy grew in 2nd quarter, mostly from government spen…

   www.cbc.ca/news/business/q2-gdp-2024-1.7309223

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   How did Canada's economy perform in Q2?

   • On an annualized basis, Canadian GDP grew by 2.1% in Q2, the highest since Q1 2023, accelerating from an upwardly revised 1.8% increase in the previous quarter and exceeding forecasts of 1.6%. The Canadian economy expanded by 0.4% in the first quarter of 2024, accelerating from a downwardly revised flat reading in the previous period.

   Canada GDP Growth Rate - TRADING ECONOMICS

   tradingeconomics.com/canada/gdp-growth

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   How much did real GDP increase in the second estimate?

   • In the second estimate, the increase in real GDP was also 3.0 percent. The update primarily reflected upward revisions to private inventory investment and federal government spending that were offset by downward revisions to nonresidential fixed investment and exports (refer to "Updates to GDP").

   Gross Domestic Product (Third Estimate), Corporate Profits (Revised

   www.bea.gov/news/2024/gross-domestic-product-third-estimate-corporate-profits-revised-estimate-and-gdp-0

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   What is Canada GDP growth rate?

   • The Gross Domestic Product (GDP) in Canada expanded 0.50 percent in the second quarter of 2024 over the previous quarter. This page provides - Canada GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

   Canada GDP Growth Rate - TRADING ECONOMICS

   tradingeconomics.com/canada/gdp-growth

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   How much did GDP grow in Q2 2024?

   • Q2 2024 GDP growth was reported at 2.1%, following a slight upward revision to the Q1 figure of 1.8% (previously 1.7%). This result is above both our expectation and the consensus before the data release. Details are not as strong as the headline number, by our count a surge in government spending accounted for 80% of the Q2 GDP increase.

   Canadian GDP Update - RBC Thought Leadership

   thoughtleadership.rbc.com/canadian-gdp/

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2. www.cbc.ca › news › businessCanadian economy grew in 2nd quarter, mostly from government ...

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   Aug 30, 2024 · Canada's gross domestic product grew 2.1 per cent at an annualized rate in the second quarter of 2024, though GDP per capita fell for the fifth consecutive quarter, Statistics Canada said on...

3. globalnews.ca › news › 10726605Canadian economy grew in Q2 — beating Bank of Canada’s ...

   globalnews.ca › news › 10726605

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   Aug 30, 2024 · The economy grew at an annualized rate of 2.1 per cent in the second quarter but continued to shrink on a per-person basis, according to Statistics Canada.

4. Videos

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     What Q2 GDP growth means for the second half of the year in this week’s Advisor Lookahead

     Aug 28, 2023

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     U.S. economy grows in Q2, keeping recession fears at bay

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     Q2 GDP growth data: Indian economy grows at 7.6% in Sept quarter, beats analysts' expectations

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5. tradingeconomics.com › canada › gdp-growthCanada GDP Growth Rate - TRADING ECONOMICS

   tradingeconomics.com › canada › gdp-growth

   On an annualized basis, Canadian GDP grew by 2.1% in Q2, the highest since Q1 2023, accelerating from an upwardly revised 1.8% increase in the previous quarter and exceeding forecasts of 1.6%. source: Statistics Canada

6. www150.statcan.gc.ca › n1 › daily-quotidienGross domestic product, income and expenditure, second ...

   www150.statcan.gc.ca › n1 › daily-quotidien

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   Sep 1, 2023 · Real gross domestic product (GDP) was nearly unchanged in the second quarter, following a 0.6% rise in the first quarter. The slowdown was attributable to continued declines in housing investment, smaller inventory accumulation, as well as slower international exports and household spending.

7. thoughtleadership.rbc.com › canadian-gdpCanadian GDP Update - RBC Thought Leadership

   thoughtleadership.rbc.com › canadian-gdp

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   Sep 27, 2024 · On a quarterly basis, that rounds to a GDP increase of ~2% in Q2, which is higher than our tracking of an 1.4% annualized increase but would still leave per person GDP tracking another quarterly decline.

8. www.bea.gov › news › 2024Gross Domestic Product (Third Estimate), Corporate Profits ...

   www.bea.gov › news › 2024

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   Sep 26, 2024 · Current‑dollar GDP increased 5.6 percent at an annual rate, or $392.6 billion, in the second quarter to a level of $29.02 trillion, a $9.5 billion larger increase than the previous estimate (tables 1 and 3).

9. www.ctvnews.ca › business › economy-grew-0-2-in-mayInflation in Canada: GDP update released | CTV News

   www.ctvnews.ca › business › economy-grew-0-2-in-may

   Jul 31, 2024 · For the second quarter, Statistics Canada expects real gross domestic product grew at an annualized rate of 2.2 per cent.