Us Gdp 2024 Q1 Earnings. The q1 2024 us economic forecast indicates optimism, despite persisting geopolitical risks and inflation concerns. Corporate earnings should improve at a stronger clip in 2024 as inflation and interest rates come down, analysts predict, but worries about slowing economic growth hang.
Receipts from individual income taxes are projected to total $2.4 trillion (or 8.6 percent of gdp) in 2024 and rise to 9.7 percent of gdp by 2034. Those revenues declined sharply in relation to gdp last year—from 10.4 percent in 2022 to 8.1.