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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]
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 ...
TRUMP: JOBS. Job growth under Biden has been stronger, in part because of the rebound from the COVID downturn. On seven key metrics, Biden has a 4-3 edge. Biden bests Trump on overall job growth ...
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 ...
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 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 ...
The Bureau of Economic Analysis's advance estimate of second quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 2.8% during the period, well above the 2% ...