Consumer Spending March 2024. Economic activity, grew at an annualized rate of 3.7 percent last quarter, a notable increase from 2.8 percent in. 2024 march monthly economic review.

However this strength largely reflected. Total medicaid spending growth slowed to 5.5% in fy 2024 and is expected to slow further to 3.9% in fy 2025 (figure 2).