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The economic history of the United States spans the colonial era through the 21st century. The initial settlements depended on agriculture and hunting/trapping, later adding international trade, manufacturing, and finally, services, to the point where agriculture represented less than 2% of GDP .
In the United States the unofficial beginning and ending dates of national economic expansions have been defined by an American private non-profit research organization known as the National Bureau of Economic Research (NBER). The NBER defines an expansion as a period when economic activity rises substantially, spreads across the economy, and ...
Financial History of the United States: Fiscal, Monetary, Banking, and Tariff, Including Financial Administration and State and Local Finances (1963) pp. 137–160. Thomson, David K. "'Like a Cord Through the Whole Country': Union Bonds and Financial Mobilization for Victory." Journal of the Civil War Era 6.3 (2016): 347-375 online. Weber, Thomas.
Since World War II, the United States economy has performed significantly better on average under the administration of Democratic presidents than Republican presidents. The reasons for this are debated, and the observation applies to economic variables including job creation, GDP growth, stock market returns, personal income growth, and corporate profits.
The S&P 500 (SNPINDEX: ^GSPC) is widely regarded as the single best gauge for the overall U.S. stock market. The S&P 500 has advanced 24% year to date, as of Dec. 30, propelled upward by strong ...
The United States is the world's largest producer of petroleum and natural gas. [60] In 2016, it was the world's largest trading country [61] and second largest manufacturer, with American manufacturing making up a fifth of the global total. [62] The U.S. not only has the largest internal market for goods, but also dominates the services trade.
Profit grew to $3.7 billion, or $2.22 per share, for the three months ended Dec. 31, compared with $1.5 billion, or 85 cents per share, a year ago. Analysts, on average, had expected $1.7 per ...
The history of the United States from 1945 to 1964 was a time of high economic growth and general prosperity. It was also a time of confrontation as the capitalist United States and its allies politically opposed the Soviet Union and other communist states ; the Cold War had begun.