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The United States is a highly developed mixed economy. 41 42 [ 43 ] It is the world's largest economy by nominal GDP; it is also the second largest by purchasing power parity (PPP), behind China. [ 44 ] It has the world's sixth highest per capita GDP (nominal) and the eighth highest per capita GDP (PPP) as of 2024. [ 10 ] The U.S. accounted for 26% of the global economy in 2023 in nominal ...
The third estimate of second quarter GDP shows that the economy grew at a solid pace to start the first half of 2024.
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 unemployment rate has risen on ...
The average of GDP and GDI, also referred to as gross domestic output and considered a better measure of economic activity, increased at a 3.2% rate last quarter.
U.S. gross domestic product (GDP) grew at an annualized rate of 3 percent in the second quarter, showing an impressive performance for the economy through an elevated interest rate environment set ...
This is a list of U.S. states and territories by gross domestic product (GDP). This article presents the 50 U.S. states and the District of Columbia and their nominal GDP at current prices. The data source for the list is the Bureau of Economic Analysis (BEA) in 2024.
The US economy grew at a faster-than-expected pace in the second quarter. The Bureau of Economic Analysis's advance estimate of second quarter US gross domestic product (GDP) showed the economy ...
This is a list of U.S. states and territories by economic growth rate. This article includes a list of the 50 U.S. states, the District of Columbia, and the 5 inhabited U.S. territories sorted by economic growth — the percentage change in real GDP for the third quarter of 2023 is listed (for the 50 states and District of Columbia), using the most recent data available from the U.S. Bureau of ...