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The U.S. economy is heavily dependent on road transport for moving people and goods. Personal transportation is dominated by automobiles, which operate on a network of four million miles (6.4 million km) of public roads, [ 339] including one of the world's longest highway systems at 57,000 miles (91,700 km). [ 340]
After a robust third quarter, the US economy is widely expected to grow at a much slower rate in the final months of the year as pandemic savings dwindle and interest rates remain at a 22-year high.
The U.S. economy grew at a faster pace than expected at the beginning of 2024 as consumers continued to open their wallets despite ongoing inflation and high interest rates.. Gross domestic ...
The economy grew at a 1.4% rate in the first quarter. U.S. central bank officials regard a 1.8% pace as the non-inflationary growth rate. Still, growth was slower than the 4.2% pace logged in the ...
Blinder and Watson estimated the average Democratic real GDP growth rate at 4.3%, vs. 2.5% for Republicans, from President Truman's elected term through President Obama's first term, which ended January 2013. [ 1] This pattern of faster GDP growth under Democratic presidents continued after Blinder and Watson published their study; GDP grew ...
e. The economic impact of the COVID-19 pandemic in the United States has been widely disruptive, adversely affecting travel, financial markets, employment, shipping, and other industries. The impacts can be attributed not just to government intervention to contain the virus (including at the Federal and State level), but also to consumer and ...
The US economy expanded at an even stronger pace in the third quarter, despite interest rates at their highest level in 22 years.Gross domestic product, a measure of all goods and services ...
The following reports on economic indicators are reported by United States government agencies : Business activity. Wholesale Inventories. Industrial Production ( Federal Reserve ) Capacity Utilization. Regional Manufacturing Surveys (purchasing managers' organizations and Federal Reserve banks ) Philadelphia Fed Index ( Federal Reserve Bank of ...