What is the current state of the US economy? - USAFacts
Dec 12, 2022 · Spending on the economy. In fiscal year 2020, governments spent a combined total of $702.4 billion on the economy. That’s $2,119 per person. USAFacts categorizes government budget data to allocate spending appropriately, and to arrive at the estimate presented here. Government spending on the economy tends to increase in times of economic ...
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.
Economy of Georgia Statistics and Data Trends: GDP ranking
Aug 30, 2023 · Government data offers valuable insights into a state's economy. Georgia's economy ranks 9th in size among states and Washington, DC. Explore this page to learn about the state's economic growth, job market, and economy size, backed by data from reputable sources like the Bureau of Economic Analysis and the Bureau of Labor Statistics.
Globalization isn't finished – it can unlock new growth and beat …
Oct 15, 2024 · At the same time, many nations including the United States and Europe have introduced industrial policies in key sectors, including semiconductors and green technologies. These policies are motivated by several economic and strategic goals, including: strengthening competition and resilience in global supply chains; developing, accelerating and ...
The 2019 economy in review: GDP, employment, income, and …
Oct 15, 2020 · 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 makes America the world’s most competitive economy?
Oct 17, 2018 · The United States, as one of the world’s great innovation powerhouses, is very well positioned in this new competitive landscape. It ranks first overall in the world in three of our twelve pillars; business dynamism, labour markets and financial system. It comes second in another two; innovation (behind Germany) and market size (behind China).
Economy of Texas - USAFacts
Aug 30, 2023 · Government data offers valuable insights into a state's economy. Texas' economy ranks 2nd in size among states and Washington, DC. Explore this page to learn about the state's economic growth, job market, and economy size, backed by data from reputable sources like the Bureau of Economic Analysis and the Bureau of Labor Statistics.
US Agriculture Statistics and Data Trends - USAFacts
Feb 24, 2023 · In 2022, the federal government provided farms with $15.6 billion in subsidies, or direct farm program payments. Find statistics and data trends about agriculture, including what is grown and where, the finances of America's farm businesses, and how many people work on American farms. We visualize, explain, and provide objective context using government data …
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).