Us Economy 2024 Size Comparison. Measured in relation to the size of the economy, those outlays grow from 3.1 percent of gdp in 2024 to 4.1 percent in 2034, at which point they would nearly equal projected outlays for medicare. The us economy is growing faster than projected, driven largely by consumer spending and the federal reserve’s successful efforts to get inflation under.

The biggest reasons inflation has eased, economists have told us, are factors that the administration doesn’t control: Steadily recovering consumption, investment, and housing assist an.