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The Trillion dollar club is an unofficial classification of the world's major economies with a gross domestic product (nominal GDP) of more than US$1 trillion per year. [ 1 ] [ 2 ] As of 2023, it included 19 countries.
In February 2024, the total federal government debt grew to $34.4 trillion after having grown by approximately $1 trillion in both of two separate 100-day periods since the previous June. [381] The U.S. Treasury statistics indicate that, at the end of 2006, non-US citizens and institutions held 44% of federal debt held by the public. [382]
In 2004, the clock was dismantled and a new one installed near 44th Street and Sixth Avenue. In 2008, the U.S. national debt exceeded $10 (~$14.00 in 2023) trillion, one more digit than the clock could display. The lit dollar-sign in the clock's leftmost digit position was later changed to the "1" digit to represent the ten-trillionth place.
These are the largest publicly traded companies and members of the trillion-dollar ... of roughly $1 trillion or more. All but one of the ... during its 2023 fiscal year. Microsoft closed its $69 ...
Over the last 30 years, the nation's debt has skyrocketed from almost $10 trillion in 1994 to over $35 trillion in 2024, according to recent data from the Department of the Treasury. The federal ...
It did this to help the economy recover from the Great Recession when the Fed dramatically expanded its assets portfolio from less than a trillion in 2007 to more than $2 trillion by 2009.
As of 2009, there was $50.7 trillion of debt owed by US households, businesses, and governments, representing more than 3.5 times the annual gross domestic product of the United States. [2] As of the first quarter of 2010, domestic financial assets [ b ] totaled $131 trillion and domestic financial liabilities $106 trillion. [ 3 ]
Stock growth (3-year average growth): 13%. Time until $1 trillion: 1 year and 1 month. Eli Lilly (LLY) Market cap: $862 billion. Stock growth (3-year average growth): 57%. Time until $1 trillion ...