The Gross Domestic Product (GDP) in the United States expanded 3.80 percent in the second quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Covid-19 pandemic saw growth fall by 2.2 percent, compared with an increase of 2.5 percent the year before. The last time the real GDP growth rates fell by a similar level was during the Great Recession in 2009, and the only other time since the Second World War where real GDP fell by more than one percent was in the early 1980s recession. The given records began following the Wall Street Crash in 1929, and GDP growth fluctuated greatly between the Great Depression and the 1950s, before growth became more consistent.

The author argues that the economic benefits of low gasoline prices for the U.S. economy have fallen substantially since the reemergence of America as a major oil producer. The old rule-of thumb that a 10% fall in the oil price raises inflation-adjusted U.S. GDP by 0.2% is too large—the impact on economic activity should be closer to zero, and may even be negative if consumption grows slowly. The reasons for this change are straightforward, if underappreciated: (i) the value of oil production accounts for a larger share of the U.S. economy; and (ii) consumers are not spending the windfall like they used to because of higher debt levels, limited access to credit, slow wage rowth, and an older population.

In 2023, the GDP of the San Francisco Bay Area amounted to ****** billion U.S. dollars, an increase from the previous year. The overall quarterly GDP growth in the United States can be found here. The GDP of the San Francisco Bay Area The San Francisco Bay Area, commonly known as the Bay Area, is a metropolitan region that surrounds the San Francisco and San Pablo estuaries in Northern California. The region encompasses metropolitan areas such as San Francisco-Oakland (12th largest in the country), San Jose (31st largest in the country), along with smaller urban and rural areas. Overall, the Bay Area consists of nine counties, *** cities, and ***** square miles. The nine counties are Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma. There are approximately 4.62 million people living in the metro area as of 2022. Silicon Valley In the ten year period between 2001 and 2011, the Bay Area saw steady GDP growth. Starting in 2012, it began to skyrocket. This is thanks to an economic boom in the tech sector, and high value companies headquartered in Silicon Valley - also part of the Bay Area. Silicon Valley is known as the center of the global technology industry. Companies like Google, Facebook, eBay and Apple are headquartered there. Additionally, California ranked first on a list of U.S. states by GDP, with more than **** trillion U.S. dollars in GDP in 2022.

The U.S. shale oil boom had sizable effects not only on upstream and downstream energy sectors but also on GDP and trade flows. However, the crude oil export ban created large distortions in the energy sector.

In a follow-up to his September article, “Commercial Banks Aid Canada’s Housing Market,” Lead Analyst Samuel Kanda explores deeper issues with Canada’s real estate market.

In 1950, GDP per capita in Western Europe (29 countries) was just 48 percent of GDP per capita in the U.S. The post-war economic boom from 1950 to 1973 was the most prosperous period in Western Europe's history, and GDP per capita more than doubled in this period, reaching 69 percent of the U.S.' rate. Due to several economic crises in Europe in the following decades, growth rates in Western Europe remained relatively stable. Still, they did not reach the same heights as seen during the so-called Golden Age of Capitalism.

In contrast, the U.S. had been harder hit than Western Europe by the economic difficulties of the 1970s and 1980s, but the dissolution of the Soviet Union in 1991 coincided with one of the most successful decades in U.S. history, with the economy thriving in the 1990s. For Western Europe, the fall of communism had a knock-on effect that limited growth in the early 1990s, although GDP per capita compared to the U.S. was fairly similar to 1973's rate (albeit lower) at 66 percent.

We study how the US shale boom decreased labor earnings inequality by increasing demand for low-skill labor in small labor markets. The similarities in the concentrated geographic distribution of investments and the labor needed to build capacity between the US shale boom and the manufacturing construction influx that has followed the passage of the IRA and CHIPS and Science Acts raise the possibility that these bills could also impact labor earnings inequality in a similar way.

Hilde C. Bjørnland & Julia Skretting, "The Shale Oil Boom and the U.S. Economy: Spillovers and Time-Varying Effects", Journal of Applied Econometrics

The data used in this paper are described in Section 2.2 in the article, and in Appendix A in the online supplementary material.

The attached file, bs-benchmark-data.csv, contains the data used for estimating the benchmark model and producing the main results in the article, see Sections 3.1-3.4.

The attached file, bs-extended-data.csv, contains the data used for estimating the model with extended dataset, see Section 3.5.

If all of your information about the economy came from the nightly news and the daily press, your thinking would probably go something like this: “A funny thing happened on the way to this economic boom. The economy gave a party and the Federal Reserve didn’t come. Just as U.S. business activity was poised to burst from under the lingering shadows of the 1990-91 recession, monetary policy took a decidedly restrictive turn this year. Apparently, central bankers have been willing to sacrifice economic expansion in order to tilt at inflation windmills existing only in their own hyperactive imaginations.”

Graph and download economic data for All Employees, Manufacturing (CEU3000000001) from Jan 1939 to Sep 2025 about establishment survey, manufacturing, employment, and USA.

The US Commercial Office Construction market, a significant segment of the broader commercial construction industry, is projected to experience steady growth over the next decade. With a global market size of $171.26 billion in 2025 and a Compound Annual Growth Rate (CAGR) of 3.51%, the US market, while lacking precise figures in the provided data, can be reasonably estimated to represent a substantial portion of this global total. Drivers of market growth include increasing urbanization, expanding corporate sectors requiring modern office spaces, and a continued demand for technologically advanced and sustainable buildings. Trends such as the adoption of modular construction techniques to accelerate project timelines and reduce costs, along with a growing emphasis on incorporating smart building technologies, are shaping the market landscape. However, challenges remain. Economic fluctuations, rising material costs, and labor shortages can constrain growth. Furthermore, the increasing popularity of remote work arrangements might moderate the demand for traditional office space, though this effect is likely to be offset by companies seeking to retain a physical office presence for collaboration and team building. The segmentation by end-user (Office Building Construction, Retail Construction, Hospitality Construction, Institutional Construction, and Other End Users) indicates diverse market opportunities, with office building construction remaining the dominant segment. The competitive landscape is characterized by both large multinational corporations and regional players. Key players such as Kiewit Corporation, Bechtel Corporation, and Balfour Beatty LLC are leveraging their expertise and experience to secure prominent projects. However, the market also exhibits a fragmented nature, with numerous smaller construction firms contributing significantly to the overall volume. Regional variations in economic conditions, regulatory frameworks, and construction costs will influence market dynamics. North America is expected to maintain its leading position, driven by strong economic growth and ongoing infrastructural development in the US. However, other regions such as Asia-Pacific are also experiencing significant growth, particularly in rapidly developing economies with booming urban centers. The future of the US Commercial Office Construction market is expected to be characterized by a blend of continued growth, driven by long-term economic trends and technological advancements, alongside ongoing challenges related to cost, labor, and evolving work patterns. Strategic partnerships, technological innovation, and effective risk management will be crucial for companies seeking to thrive in this dynamic market. Recent developments include: Dec 2022: Global Infrastructure Solutions Inc. (GISI) and Hill International Inc. (NYSE: HIL) announced that their strategic merger had been completed following the completion of final regulatory reviews. This merger expands growth opportunities globally for fee infrastructure consulting markets., May 2022: Hyundai Motor announced in May 2022 that it would break ground on its new facility in Georgia in early 2022, with an annual capacity of 300,000 EV units, with commercial production beginning in the first half of 2025. According to an unnamed auto industry source, Hyundai Motor is considering starting construction later in 2023, with commercial production beginning in the second half of 2024.. Key drivers for this market are: Government Initiatives, Demand for office and retail space. Potential restraints include: Government Initiatives, Demand for office and retail space. Notable trends are: The Emergence of Smart Cities is a Key Market Trend.

Graph and download economic data for Real Median Family Income in the United States (MEFAINUSA672N) from 1953 to 2024 about family, median, income, real, and USA.

Discover the booming evening economy! Explore market size, growth trends (CAGR 5%), regional insights (North America, Europe, Asia-Pacific), and key players shaping the future of nightlife, dining, and entertainment. Learn about opportunities and challenges within this lucrative sector.

Discover the booming Latin American residential real estate market! This comprehensive analysis reveals a CAGR of 8.32%, driven by urbanization and economic growth. Explore market size, key players (JLL, CBRE, MRV Engenharia), and regional trends in Mexico, Brazil, Colombia, and beyond. Invest wisely with our insightful forecast to 2033. Recent developments include: November 2023: CBRE, a prominent global consultancy and real estate services firm, unveiled its latest initiative, the Latam-Iberia platform. The platform's primary goal is to reinvigorate the real estate markets in Europe and Latin America while fostering investment ties between the two regions. By enhancing business collaborations and amplifying the visibility of real estate solutions, CBRE aims to catalyze growth in the sector., May 2023: CJ do Brasil, a subsidiary of multinational firm CJ Bio, completed its USD 57 million plant expansion in Piracicaba, 160 km from Brazil's capital. CJ Bio is renowned for its expertise in amino acid production. The expansion is projected to create 650 new job opportunities, and the investment also encompasses the establishment of residential, research, and development centers.. Key drivers for this market are: Increase in Population is Boosting the Residential Real Estate Market, Rapid Growth in Urbanization. Potential restraints include: Increase in Population is Boosting the Residential Real Estate Market, Rapid Growth in Urbanization. Notable trends are: Increase in Urbanization Boosting Demand for Residential Real Estate.

Graph and download economic data for Total Construction Spending: Nonresidential in the United States (TLNRESCONS) from Jan 2002 to Aug 2025 about nonresidential, expenditures, construction, and USA.

In this Economic Commentary , we compare characteristics of the 2000–2006 house-price boom that preceded the Great Recession to the house-price boom that began in 2020 during the COVID-19 pandemic. These two episodes of high house-price growth have important differences, including the behavior of rental rates, the dynamics of housing supply and demand, and the state of the mortgage market. The absence of changes in fundamentals during the 2000s is consistent with the literature emphasizing house-price beliefs during this prior episode. In contrast to during the 2000s boom, changes in fundamentals (including rent and demand growth) played a more dominant role in the 2020s house-price boom.

Graph and download economic data for Real private fixed investment: Nonresidential: Structures: Manufacturing (C307RX1Q020SBEA) from Q1 2007 to Q2 2025 about nonresidential, fixed, investment, private, manufacturing, real, GDP, and USA.

Discover the booming Sleep Economy! Explore market trends, growth projections, and key players shaping the future of sleep solutions. Learn about innovations in sleep technology, the rise of telehealth, and the expanding market for sleep aids and supplements. Get insights into regional market shares and future growth potential.

UPF on DPU Market Outlook

According to our latest research, the Global UPF on DPU market size was valued at $1.2 billion in 2024 and is projected to reach $8.5 billion by 2033, expanding at a robust CAGR of 24.5% during the forecast period of 2025–2033. The primary driver for this impressive growth trajectory is the surging demand for high-performance, scalable, and programmable networking infrastructure that can efficiently handle the exponential rise in data traffic, particularly as 5G, edge computing, and AI/ML workloads continue to proliferate. The convergence of User Plane Function (UPF) with Data Processing Unit (DPU) architectures is revolutionizing how modern networks are architected, enabling service providers and enterprises to unlock unprecedented levels of agility, security, and operational efficiency.

Regional Outlook

North America currently dominates the UPF on DPU market, capturing the largest share of global revenues in 2024, accounting for approximately 38% of the total market value. This leadership position is attributed to the region’s mature IT and telecommunications ecosystem, early adoption of 5G infrastructure, and a strong presence of hyperscale data centers. The United States, in particular, is at the forefront due to aggressive investments in digital transformation, a robust ecosystem of cloud service providers, and a highly competitive landscape that incentivizes rapid adoption of cutting-edge networking technologies. Additionally, supportive regulatory frameworks and a thriving innovation culture have accelerated the integration of UPF on DPU solutions across both enterprise and service provider segments, further cementing North America’s market dominance.

Asia Pacific is emerging as the fastest-growing region in the UPF on DPU market, with a projected CAGR of 28.7% from 2025 to 2033. The region’s rapid ascent is fueled by massive investments in 5G rollouts, smart city initiatives, and the proliferation of cloud-native applications across China, Japan, South Korea, and India. Governments and private sector players are channeling substantial capital into upgrading network infrastructure to support burgeoning data traffic and digital services. The increasing penetration of AI/ML workloads, coupled with the rise of hyperscale data centers and a booming digital economy, is compelling organizations to adopt UPF on DPU solutions to achieve superior performance, scalability, and security. Strategic partnerships between local telecom operators and global technology vendors are further accelerating market expansion in this dynamic region.

In contrast, emerging economies in Latin America, the Middle East, and Africa are witnessing a more gradual adoption of UPF on DPU technologies. While there is growing interest in leveraging advanced networking solutions to support digital transformation and economic diversification, several challenges persist. These include limited access to high-speed connectivity, budget constraints, and a shortage of skilled technical personnel. Localized demand is often driven by government-led digital initiatives and selective enterprise investments in sectors such as banking, oil and gas, and public services. Policy reforms aimed at liberalizing the telecom sector and incentivizing infrastructure upgrades are gradually improving the market landscape, yet adoption rates remain below the global average due to persistent structural and regulatory hurdles.

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