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The U.S. economy grew at a solid annual rate of 2.8% in July, August and September, with consumer spending leading the way, according to the Commerce Department on Wednesday.
Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the third quarter of 2024 (table 1), according to the "advance" estimate released by the U.S. Bureau of Economic Analysis. In the second quarter, real GDP increased 3.0 percent. The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency (refer to ...
In 2022, personal income, in current dollars, increased in 1,964 counties, decreased in 1,107, and was unchanged in 43. Personal income increased 2.1 percent in the metropolitan portion of the United States and 1.3 percent in the nonmetropolitan portion.
Get nonpartisan data about economic indicators like GDP growth, unemployment rates, earnings, and more with the State of the Union in Numbers. USAFacts uses data to show how the US economy changed in 2023 compared to pre-pandemic levels.
Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2024 (table 1), according to the "third" estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP increased 1.6 percent (revised).
What is the current state of the US economy? There are many ways to measure the American economy: analyzing US gross domestic product (GDP) over time, recent jobs and employment reports, investments in small businesses, wealth distribution, price inflation, and more.
United States - Monthly Data. (1) In percent, seasonally adjusted. Annual averages are available for Not Seasonally Adjusted data. (2) Number of jobs, in thousands, seasonally adjusted. (3) Average Hourly Earnings for all employees on private nonfarm payrolls.
The current health of the American economy shows that the Fed, with Jerome Powell at the helm as chair, has successfully handled inflation so far, with the finish line coming into clear view....
The U.S. is increasingly pulling ahead of the world’s advanced economies, with a surge of investment paying off in higher productivity and wages. The International Monetary Fund highlights...
The U.S. economy grew substantially faster in the final months of 2023 than forecasters had expected. For all of last year, the economy grew 3.1% — defying forecasts of a likely recession.