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The economy continues to send mixed signals. The unemployment rate, at 4.2%, remains historically low — but has inched up in four of the last five months, a trend that has often preceded recessions.
The US economy is on the verge of an extremely rare achievement. Economic growth in the first half of the year was solid, with the economy expanding a robust 2.8% annualized rate in the second ...
(The Center Square) – This week begins with the inauguration of the 47th president of the United States, marking the start of a new administration with significant economic and policy implications.
Here’s a look at the current state of the economy in those swing states. ... Per U.S. News & World Report, “Black voter turnout and enthusiasm in 2020 played an important role in Biden’s win ...
The Survey of Current Business (SCB) is a monthly publication by the Bureau of Economic Analysis (BEA) (a part of the United States Department of Commerce) that provides definitive information about the national economic accounts for the economy of the United States maintained by the BEA. [1] [2] [3] [4]
The United States has a highly developed mixed economy. [44] [45] [46] It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). [47]As of 2024, it has the world's sixth highest nominal GDP per capita and eighth highest GDP per capita by PPP). [10]
The Bureau of Economic Analysis reported on Thursday that the U.S. economy expanded at a better-than-expected 6.9% annualized rate in Q4, up from Bloomberg economists' consensus estimate of 5.5%.
Overall, in the calendar year 2024, the United States' Nominal GDP at Current Prices totaled at $29.017 trillion, as compared to $25.744 trillion in 2022. The three U.S. states with the highest GDPs were California ($4.080 trillion), Texas ($2.695 trillion), and New York ($2.284 trillion).