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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.
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TwitterOut of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.
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TwitterIn 2020, global gross domestic product declined by 6.7 percent as a result of the coronavirus (COVID-19) pandemic outbreak. In Latin America, overall GDP loss amounted to 8.5 percent.
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Graph and download economic data for Real Gross Domestic Product: All Industry Total in Iowa (IARQGSP) from Q1 2005 to Q2 2025 about IA, GSP, real, industry, GDP, and USA.
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Graph and download economic data for Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for United States (LFWA25TTUSM647N) from Jan 1955 to Aug 2025 about 25 to 54 years, working-age, population, and USA.
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NY Empire State Manufacturing Index in the United States increased to 18.70 points in November from 10.70 points in October of 2025. This dataset provides the latest reported value for - United States NY Empire State Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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TwitterThe statistic shows the distribution of the workforce across economic sectors in the United States from 2013 to 2023. In 2023, 1.57 percent of the workforce in the US was employed in agriculture, 19.34 percent in industry and 79.09 percent in services. See U.S. GDP per capita for more information. American workforce A significant majority of the American labor force is employed in the services sector, while the other sectors, industry and agriculture, account for less than 20 percent of the US economy. However, the United States is among the top exporters of agricultural goods – the total value of US agricultural exports has more than doubled since 2000. A severe plunge in the employment rate in the US since 1990 shows that the American economy is still in turmoil after the economic crisis of 2008. Unemployment is still significantly higher than it was before the crisis, and most of those unemployed and looking for a job are younger than 25; youth unemployment is a severe problem for the United States, many college or university graduates struggle to find a job right away. Still, the number of employees in the US since 1990 has been increasing slowly, with a slight setback during and after the recession. Both the number of full-time and of part-time workers have increased during the same period. When looking at the distribution of jobs among men and women, both project the general downward trend. A comparison of the employment rate of men in the US since 1990 and the employment rate of women since 1990 shows that more men tend to be employed than women.
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TwitterRhode Island Enterprise Zones are authorized by the Distressed Areas Economic Revitalization Act of the Rhode Island General Laws (RIGL) §42-64.3 and are limited to not more than five (5) contiguous U.S. census tracts or portions thereof. Exceptions to the five (5) census tract rule are prescribed in RIGL §42-64.3-5. The zones are delineated by U.S. census 2010 boundaries and defined under RIGL §42-64.3-5.
Enterprise zone designation and re-designation are based on a number of distressed criteria including poverty, unemployment, and median household and per capita incomes. As well as non-demographic factors like economic development opportunities and potential, and defined course of action plans that including local incentives, resources and services. The Distressed Areas Economic Revitalization Act which spawned the Enterprise Zone Program was created to combat substantial and persistent levels of unemployment, blight, the spread of obsolete, dilapidated, and abandoned industrial and commercial structures and shrinking tax bases by stimulating economic revitalization, promote employment opportunities, and encourage business development and expansion in distressed areas.
Enterprise Zone Designation Process: The Central Falls/Cumberland Enterprise Zone’s original designation was the result of a state wide RFP process; all subsequent re-designations were granted by the Rhode Island Enterprise Zone Council. The original designation proposal was approved in 1992; the zone was subsequently re-designated in 1996, 2001, 2006 and 2011. The zone is set to expire on December 31, 2016. The Cranston Enterprise Zone’s original designation was the result of a state wide RFP process, establishing the Port of Providence/Cranston Enterprise Zone; all subsequent re-designations were granted by the Rhode Island Enterprise Zone Council. The original designation proposal was approved in 1992; the zone was subsequently re-designated in 1996, 2001, 2006 and 2011. The zone is set to expire on December 31, 2016. The East Providence Enterprise Zone’s original designation was the result of a state wide RFP process; all subsequent re-designations were granted by the Rhode Island Enterprise Zone Council. The original designation proposal was approved in 1995; the zone was subsequently re-designated in 1999, 2004, 2009, and 2014. The zone is set to expire on December 31, 2019. The Bristol/Warren (Mt. Hope) Enterprise Zone’s original designation was the result of a state wide RFP process; all subsequent re-designations were granted by the Rhode Island Enterprise Zone Council. The original designation proposal was approved in 1993; the zone was subsequently re-designated in 1998, 2003, and 2008. The zone is set to expire on December 31, 2013. The Pawtucket/Lincoln Enterprise Zone’s original designation was the result of a state wide RFP process; all subsequent re-designations were granted by the Rhode Island Enterprise Zone Council. The original designation proposal was approved in 1992; the zone was subsequently re-designated in 1996, 2001, 2006 and 2011. The zone is set to expire on December 31, 2016. The Pawtucket II Enterprise Zone’s original designation was the result of legislation submitted by the city of Pawtucket, passed by the Rhode Island General Assembly, signed in to law by the Governor and authorized by the Rhode Island Enterprise Zone Council in 2013. The zone’s designation was retroactive to January 1, 2013, as a result, the original 5-year designation expires on December 31, 2017. The Portsmouth/Tiverton Enterprise Zone’s original designation was the result of a state wide RFP process; all subsequent re-designations were granted by the Rhode Island Enterprise Zone Council. The original designation proposal was approved in 1995; the zone was subsequently re-designated in 1999, 2004, 2009, and 2014. The zone is set to expire on December 31, 2019. The Port of Providence Enterprise Zone’s original designation was the result of a state wide RFP process, establishing the Port of Providence/Cranston Enterprise Zone; all subsequent re-designations were granted by the Rhode Island Enterprise Zone Council. The original designation proposal was approved in 1992; the zone was subsequently re-designated in 1996, 2001, 2006 and 2011. The zone is set to expire on December 31, 2016. The Providence II Enterprise Zone’s original designation was the result of a state wide RFP process; all subsequent re-designations were granted by the Rhode Island Enterprise Zone Council. The original designation proposal was approved in 1993; the zone was subsequently re-designated in 1997, 2002, 2007 and 2012. The zone is set to expire on December 31, 2017.The West Warwick Enterprise Zone’s original designation was the result of a state wide RFP process; all subsequent re-designations were granted by the Rhode Island Enterprise Zone Council. The original designation proposal was approved in 1993; the zone was subsequently re-designated in 1998, 2003 and 2009. The zone is set to expire on December 31, 2013. The Woonsocket/Cumberland Enterprise Zone’s original designation was the result of a state wide RFP process; all subsequent re-designations were granted by the Rhode Island Enterprise Zone Council. The original designation proposal was approved in 1992; the zone was subsequently re-designated in 1996, 2001, 2006 and 2011. The zone is set to expire on December 31, 2016. A detailed description of each Enterprise Zone boundary can be reviewed within the 'Fields' metadata section under Field 'EZone_Name' - List of Values.
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Packaging and labeling service companies have weathered substantial changes in recent years. The rapid growth of e-commerce sales, especially during COVID-19, rapidly bolstered demand for logistics, packaging and labeling services, resulting in substantial revenue growth from 2021 to 2022. As restrictions eased, a shift back to in-person shopping led to a slowdown in e-commerce growth from late-2022, though growth in e-commerce sales still outpaced the overall economy due to the convenience of online shopping. Regardless, slower growth in e-commerce sales reduced revenue growth somewhat and contributed to a modest decline in profit over the past five years. While strong economic growth benefited providers during the pandemic recovery, rising inflation in 2022 affected consumer spending, reducing demand for ancillary industries and hindering revenue. The Federal Reserve's interest rate increases from 2022 to 2024 enhanced recessionary fears through constraining consumer spending. In response, manufacturers began insourcing packaging to cut expenses and preserve profit in case of a potential downturn, reducing demand for the industry’s services and slowing revenue growth in 2023 and 2024. In late 2024, a reversal in interest rates provided a more positive outlook for 2025 but future economic policies remain uncertain. Overall, revenue for packaging and labeling service providers has swelled at a CAGR of 8.5% over the past five years, reaching $17.8 billion in 2025. This includes a 2.0% rise in revenue in that year. Due to steady economic growth, packaging and labeling service companies are expected to benefit from stable revenue streams. Although e-commerce market saturation will slow revenue growth compared to previous years, higher GDP and wage growth will boost consumer spending, driving demand for these services. Elevated corporate profit will also encourage businesses to outsource packaging, providing additional revenue opportunities. However, tariffs on imports from Canada, Mexico and China could disrupt economic stability, reduce GDP growth and lower consumer spending, impacting demand for the industry’s services. Compliance with the Drug Supply Chain Security Act (DSCSA) will heighten reliance on packaging firms despite increased regulatory costs. On top of this, intelligent packaging, which leverages technologies like sensors and blockchain, is poised to revolutionize the industry, favoring larger corporations that can adopt these innovations, while smaller companies might target niche markets to remain competitive. Overall, revenue for packaging and labeling service companies is forecast to expand at a CAGR of 2.8% over the next five years, reaching $20.4 billion in 2030.
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TwitterIn 2024, the United States accounted for 14.88 percent of global gross domestic product (GDP) after adjusting for purchasing power parity (PPP). This share was expected to decrease to 13.98 percent by 2030, which is roughly a seventh of the global total. What is PPP? The easiest way to understand purchasing power parity is the Big Mac Index, a measure developed by The Economist. The index tracks the price of the McDonald’s Big Mac burger, sold at each of its thousands of restaurants worldwide. Countries where the Big Mac is most expensive have higher purchasing power, meaning one can buy more for each unit of that currency. To calculate PPP, economists use a group of goods to calculate the ratio of the price of this group in each country. This ratio is then used to convert all countries into a standardized price level, on parity with each other. Why use PPP? A U.S. dollar in the United States does not have the same purchasing power as a dollar in China, even after considering the exchange rate. For this reason, adjusting for PPP gives an idea of what the rest of the world could buy in the United States, if prices were the same as in their home country. However, some economists argue that using PPP for comparisons between countries is inaccurate because it changes the price level differently for each country. Still, because it accounts not only for country-specific effects but also inflation and exchange rate fluctuations, PPP is a very popular metric.
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The Gross Domestic Product (GDP) in Japan contracted 0.40 percent in the third quarter of 2025 over the previous quarter. This dataset provides - Japan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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TwitterMany Rust-Belt cities have seen almost half their populations move from inside the city borders to the surrounding suburbs and elsewhere since the 1970s. As populations shifted, neighborhoods changed—in their average income, educational profile, and housing prices. But the shift did not happen in every neighborhood at the same rate. Recent research has uncovered some of the patterns characterizing the process.
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TwitterWith a Gross Domestic Product of over 4.3 trillion Euros, the German economy was by far the largest in Europe in 2024. The similarly sized economies of the United Kingdom and France were the second and third largest economies in Europe during this year, followed by Italy and Spain. The smallest economy in this statistic is that of the small Balkan nation of Montenegro, which had a GDP of 7.4 billion Euros. In this year, the combined GDP of the 27 member states that compose the European Union amounted to approximately 17.95 trillion Euros. The big five Germany’s economy has consistently had the largest economy in Europe since 1980, even before the reunification of West and East Germany. The United Kingdom, by contrast, has had mixed fortunes during the same period and had a smaller economy than Italy in the late 1980s. The UK also suffered more than the other major economies during the recession of the late 2000s, meaning the French economy was the second largest on the continent for some time afterward. The Spanish economy was continually the fifth-largest in Europe in this 38-year period, and from 2004 onwards, has been worth more than one trillion Euros. The smallest GDP, the highest economic growth in Europe Despite having the smallerst GDP of Europe, Montenegro emerged as the fastest growing economy in the continent, achieving an impressive annual growth rate of 4.5 percent, surpassing Turkey's growth rate of 4 percent. Overall,this Balkan nation has shown a remarkable economic recovery since the 2010 financial crisis, with its GDP projected to grow by 28.71 percent between 2024 and 2029. Contributing to this positive trend are successful tourism seasons in recent years, along with increased private consumption and rising imports. Europe's economic stagnation Malta, Albania, Iceland, and Croatia were among the countries reporting some of the highest growth rates this year. However, Europe's overall performance reflected a general slowdown in growth compared to the trend seen in 2021, during the post-pandemic recovery. Estonia experienced the sharpest negative growth in 2023, with its economy shrinking by 2.3% compared to 2022, primarily due to the negative impact of sanctions placed on its large neighbor, Russia. Other nations, including Sweden, Germany, and Finland, also recorded slight negative growth.
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TwitterThe United States has had the highest economic growth in the G7 since the start of the COVID-19 pandemic, with its economy *** percent larger in the first quarter of 2023, when compared with the fourth quarter of 2019. By contrast, the United Kingdom and Germany have both seen their economies shrink by *** percent in the same time period.
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Graph and download economic data for Labor Force Participation Rate for Iowa (LBSSA19) from Jan 1976 to Aug 2025 about IA, participation, labor force, labor, rate, and USA.
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Graph and download economic data for Civilian Labor Force in Massachusetts (MALFN) from Jan 1976 to Aug 2025 about MA, civilian, labor force, labor, and USA.
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Graph and download economic data for Federal government current tax receipts: Taxes on corporate income (B075RC1Q027SBEA) from Q1 1947 to Q2 2025 about receipts, tax, corporate, federal, government, income, GDP, and USA.
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TwitterTravel and tourism added nearly 271 million U.S. dollars to Seychelles' Gross Domestic Product (GDP) in 2020. The sector's contribution to the African archipelago's economy declined sharply compared to the previous year as a result of the coronavirus (COVID-19) pandemic. In 2019, the value added by tourism to Seychelles' GDP was measured at around 559 million U.S. dollars.
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TwitterIn 2024, the employment rate in China decreased to around 62.4 percent, from 62.8 percent in the previous year. China is the world’s most populous country and its rapid economic development over the past decades has profited greatly from its large labor market. While the overall working conditions for the Chinese people are improving, the actual size of the working-age population in China has been shrinking steadily in recent years. This is mainly due to a low birth rate in the country. Economic slowdown – impact on labor market After decades of rapid development, the world’s second largest economy now seems to have difficulties to boost its economy further. The GDP growth rate indicated a declining trend over the last decade and the number of employed people decreased for the first time since decades in 2015. Under the influence of the global economic downturn, the coronavirus pandemic, and the US-China tensions, many Chinese enterprises are having tough times, which leads to a recession in China’s labor market. Chances for better employment situation The long-lasting Sino-U.S. trade war has caused China great loss on its international trade sector, which has been driving China’s economic growth for decades. However, there is also a lot China could improve. First, the potential of domestic demands could be further developed and satisfied with high-quality products. Second, it’s a good timing to eliminate backward industries with low value added, and the high-tech and environment-friendly industries should be further promoted. In addition, China’s market could be more open to services, especially in the financial sector and IT services, to attract more foreign investors. Highly skilled talents should be better valued in the labor market. Efficient vocational education and further education could also help change the structure of China’s labor market.
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TwitterIn 2024, the gross domestic product (GDP) from the agriculture, forestry, and fishing sectors in South Korea amounted to approximately ** trillion South Korean won. The agricultural sector's contribution to GDP has gradually declined from about ** percent in the 1950s to roughly *** percent recently. Agriculture in South Korea The population involved in agriculture and fishing has been shrinking steadily for years as the South Korean economy evolved into a manufacturing and technology industry that produces automobiles, semiconductors, and petroleum products, among other things. As of 2023, there were just around *** million farming households in South Korea. Forestry and fishery families added another combined 141,000 to this figure. Around half of all farmers were more than 65 years old. Growth of smart farming Given these challenges, the agricultural sector is increasingly turning to innovative solutions, such as "smart" farming. This approach differs from traditional agriculture as it leverages advanced technologies for efficient remote management, automation, and large-scale agricultural production. The market size of smart farming is projected to reach approximately *** million U.S. dollars by 2025, representing a sharp increase from just five years earlier.
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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.