US Economy Statistics and Data Trends: GDP growth, inflation
2022年12月12日 · Find statistics and data trends about the American economy, including the GDP growth, recent jobs and employment reports, investments in small businesses, wealth distribution, and price inflation. We visualize, explain and provide objective context using government data to help you better understand how the American economy is changing.
2024 Current State of the Union: US Economy - USAFacts
How is the US economy doing? US gross domestic product (GDP) increased 1.9% in 2022 and another 2.5% in 2023. Year-over-year inflation — the rate at which consumer prices increase — was 3.1% in January 2023. The Federal Reserve raised interest rates seven times in 2022 and four times in 2023.
Just the Facts About the US Economy | USAFacts
It's the market value of all the products and services created in a year by our economy. Our GDP was over $27 trillion in 2023. We went from 2.5% growth in 2019 to negative 2.2% in 2020 when COVID hit, to a surge of 5.8% in 2021, during the recovery, and now to about 2.5% in 2023. In 2023, real GDP per person in the United States reached a high ...
The 2019 economy in review: GDP, employment, income, and …
2020年10月15日 · As of the third quarter of 2019, real GDP reached $19.1 trillion, or $58,000 per person. The largest industries contributing to GDP were real estate (13.4% of GDP), professional and business services (12.8%), government (12.3%), and manufacturing (11.0%). However, some industries have recovered from the recession more slowly than others.
What role do small businesses play in the economy? - USAFacts
2023年10月26日 · While small businesses’ share of GDP fell during this time, small businesses still accounted for 43.5% of economic activity in the US in 2014. “Entrepreneurship plays an important role in allocating resources more efficiently throughout the economy, thereby making it more productive,” according to the Congressional Budget Office.
How did the economy perform in 2021? - USAFacts
2022年1月13日 · As 2021 ends, the US economy is still feeling the effects of the COVID-19 pandemic. In some ways, the economy looks closer to 2019. The unemployment rate continued to drop. Fewer people reported not having enough food to eat. But people also quit their jobs at historically high rates. And inflation rose faster than it has in decades, making ...
The Federal Reserve Explained - USAFacts
2022年3月16日 · The Federal Reserve, the central bank of the US, increased its total assets from $4.17 trillion in January 2020 to $8.33 trillion as of August 2021, in an effort to stabilize the economy since the COVID-19 pandemic. This is the second time in history that the Federal Reserve took extraordinary steps to stabilize the financial markets and stave ...
US economy statistics, charts, and trends | USAFacts
The trends in housing affordability and subsidized housing. Housing is a key issue impacting many communities across the United States. This guide presents data on subsidized housing availability, rental costs relative to incomes, and homeownership trends to provide a clearer picture of the current housing landscape.
Economy in the United States By State, for Gross Domestic
USAFacts -- 2022 (most recent) Gross domestic product (GDP) in the United States By state: highest -- California (3,598,102,700,000), lowest -- Vermont (40,617,100,000).
What is the economic value of the US space industry?
2024年2月1日 · Home / Economy / Articles / What is the economic value of the US space industry? According to the Bureau of Economic Analysis, the American space economy is a $211.6 billion industry that’s grown over 17% between 2012 and 2021. When adjusted for inflation, the space economy grew 11.4% over that period.