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Graph and download economic data for Contributions to percent change in real gross domestic product: Exports of goods and services (A020RY2Q224SBEA) from Q2 1947 to Q4 2024 about contributions, exports, percent, goods, services, real, GDP, and USA.
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United States - Income Gini for Households by Race of Householder, Black Alone or in Combination was 0.50100 Ratio in January of 2023, according to the United States Federal Reserve. Historically, United States - Income Gini for Households by Race of Householder, Black Alone or in Combination reached a record high of 0.51500 in January of 2020 and a record low of 0.47300 in January of 2003. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Income Gini for Households by Race of Householder, Black Alone or in Combination - last updated from the United States Federal Reserve on March of 2025.
In 2023, the finance, real estate, insurance, rental, and leasing industry added the most value to the GDP of the United States. In that year, this industry added 5.66 trillion U.S. dollars to the national GDP.
Gross Domestic Product
Gross domestic product is a measure of how much a country produces in a certain amount of time. Countries with a high GDP tend to have large economies, for example, the United States. However, GDP does not take into consideration the cost of living and inflation rates, so it is not a good measure of the standard of living. GDP per capita at purchasing power parity is thought to be more reflective of living conditions within a particular country.
U.S. GDP
California added the largest amount of value to the real GDP of the U.S. in 2022. California was followed by Texas and New York. In California, the professional and business services industry was the most valuable to GDP in 2022. In New York, the finance, insurance, real estate, rental, and leasing industry added the most value to the state GDP. While the business sector added the highest value to the U.S. real GDP in 2021, it was the information industry that had the biggest percentage change in value added to the GDP between 2010 and 2021.
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United States US: GDP: USD: Gross National Income data was reported at 19,607.598 USD bn in 2017. This records an increase from the previous number of 18,968.714 USD bn for 2016. United States US: GDP: USD: Gross National Income data is updated yearly, averaging 5,447.032 USD bn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 19,607.598 USD bn in 2017 and a record low of 546.400 USD bn in 1960. United States US: GDP: USD: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
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United States - Real Gross Domestic Product was 5.70000 % Chg. from Preceding Period in January of 2021, according to the United States Federal Reserve. Historically, United States - Real Gross Domestic Product reached a record high of 18.90000 in January of 1942 and a record low of -12.90000 in January of 1932. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Real Gross Domestic Product - last updated from the United States Federal Reserve on March of 2025.
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Graph and download economic data for Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median (GDPC1MDLR) from 2015-06-17 to 2025-03-19 about projection, median, real, GDP, rate, and USA.
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United States GFCF: saar: Financial Business data was reported at 264.719 USD bn in Mar 2018. This records an increase from the previous number of 259.972 USD bn for Dec 2017. United States GFCF: saar: Financial Business data is updated quarterly, averaging 61.105 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 264.719 USD bn in Mar 2018 and a record low of 0.871 USD bn in Sep 1952. United States GFCF: saar: Financial Business data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB074: Integrated Macroeconomic Accounts: Total Economy and Sectors: Selected Aggregates.
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United States Trade Balance on Services data was reported at 247.714 USD bn in 2016. This records a decrease from the previous number of 261.410 USD bn for 2015. United States Trade Balance on Services data is updated yearly, averaging 119.793 USD bn from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 261.410 USD bn in 2015 and a record low of 47.754 USD bn in 2003. United States Trade Balance on Services data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JA020: Trade Statistics: Services: By Country.
This graph shows a forecast of the gross domestic product of the United States of America for fiscal years 2024 to 2034. GDP refers to the market value of all final goods and services produced within a country in a given period. According to the CBO, the United States GDP will increase steadily over the next decade from 28.18 trillion U.S. dollars in 2023 to 41.65 trillion U.S. dollars in 2034. The annual GDP of the United States for recent years can be found here. Also, view the monthly inflation rate for the country.
The seasonally-adjusted national unemployment rate is measured on a monthly basis in the United States. In February 2025, the national unemployment rate was at 4.1 percent. Seasonal adjustment is a statistical method of removing the seasonal component of a time series that is used when analyzing non-seasonal trends. U.S. monthly unemployment rate According to the Bureau of Labor Statistics - the principle fact-finding agency for the U.S. Federal Government in labor economics and statistics - unemployment decreased dramatically between 2010 and 2019. This trend of decreasing unemployment followed after a high in 2010 resulting from the 2008 financial crisis. However, after a smaller financial crisis due to the COVID-19 pandemic, unemployment reached 8.1 percent in 2020. As the economy recovered, the unemployment rate fell to 5.3 in 2021, and fell even further in 2022. Additional statistics from the BLS paint an interesting picture of unemployment in the United States. In November 2023, the states with the highest (seasonally adjusted) unemployment rate were the Nevada and the District of Columbia. Unemployment was the lowest in Maryland, at 1.8 percent. Workers in the agricultural and related industries suffered the highest unemployment rate of any industry at seven percent in December 2023.
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United States US: Final Consumption Expenditure: % of GDP data was reported at 83.100 % in 2016. This records an increase from the previous number of 82.500 % for 2015. United States US: Final Consumption Expenditure: % of GDP data is updated yearly, averaging 82.700 % from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 85.200 % in 2011 and a record low of 81.500 % in 1997. United States US: Final Consumption Expenditure: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United States – Table US.IMF: Contribution to GDP.
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United States FFC: EC: Foreign data was reported at 2.702 USD bn in Mar 2018. This records an increase from the previous number of 2.650 USD bn for Dec 2017. United States FFC: EC: Foreign data is updated quarterly, averaging 607.000 USD mn from Mar 2003 (Median) to Mar 2018, with 61 observations. The data reached an all-time high of 2.769 USD bn in Dec 2016 and a record low of 404.000 USD mn in Dec 2003. United States FFC: EC: Foreign data remains active status in CEIC and is reported by US Department of Treasury. The data is categorized under Global Database’s USA – Table US.KA023: US Financial Firms Claims on Foreigner: Quarterly.
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United States - U.S. Exports of Services: Financial Services was 16831.00000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - U.S. Exports of Services: Financial Services reached a record high of 16831.00000 in January of 2025 and a record low of 1957.00000 in January of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - U.S. Exports of Services: Financial Services - last updated from the United States Federal Reserve on March of 2025.
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United States Gross Value Added (GVA): saar data was reported at 19,931.717 USD bn in Mar 2018. This records an increase from the previous number of 19,699.332 USD bn for Dec 2017. United States Gross Value Added (GVA): saar data is updated quarterly, averaging 5,305.278 USD bn from Mar 1959 (Median) to Mar 2018, with 237 observations. The data reached an all-time high of 19,931.717 USD bn in Mar 2018 and a record low of 517.130 USD bn in Mar 1959. United States Gross Value Added (GVA): saar data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB074: Integrated Macroeconomic Accounts: Total Economy and Sectors: Selected Aggregates.
In 2023, the real GDP of the Los Angeles metro area amount to around 1.08 trillion U.S. dollars, and increase after 2021. The overall quarterly GDP growth in the United States can be found here. Gross domestic product of Los AngelesWith a population of over 12.8 million inhabitants in 2023, Los Angeles is the second-largest city in America, following only New York. The Los Angeles metro area also ranked second among U.S. metro areas in terms of gross metropolitan product, second again only to New York City metro area, which came in with a GMP of 1.99 trillion U.S. dollars to Los Angeles’ 1.13 trillion U.S. dollars in the fiscal year of 2021. Chicago metro area ranked third with GMP of 757.2 billion U.S. dollars. Additional detailed statistics about GDP in the United States is available here. Despite Los Angeles’ high GDP, L.A. did not do as well as some cities in terms of median household income. Los Angeles ranked 9th with a median household income of 76,135 U.S. dollars annually in 2022. This was slightly higher than the median household income of the United States in 2022, which came in at 74,580 U.S. dollars annually. Located in Southern California, Los Angeles is home to Hollywood, the famous epicenter of the U.S. film and television industries. The United States is one of the leading film markets worldwide, producing 449 films in 2022, many of them produced by Hollywood-based studios. In 2018, movie ticket sales in North America generated over 11.89 billion U.S. dollars in box office revenue. Famous Hollywood actresses earn millions annually, with the best paid, Sofia Vergara, earning 43 million U.S. dollars in 2020. Second on the list was Angelina Jolie with earnings of 35.5 million U.S. dollars.
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United States - Government total expenditures was 10485.55100 Bil. of $ in October of 2024, according to the United States Federal Reserve. Historically, United States - Government total expenditures reached a record high of 11186.66800 in January of 2021 and a record low of 144.23300 in January of 1960. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Government total expenditures - last updated from the United States Federal Reserve on March of 2025.
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Graph and download economic data for Government current expenditures: State and local: Economic affairs: Transportation: Transit and railroad (G160981A027NBEA) from 1963 to 2023 about economic affairs, railroad, state & local, transportation, expenditures, government, GDP, and USA.
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United States - Federal government current expenditures: Interest payments: to persons and business was 411.89500 Bil. of $ in January of 2020, according to the United States Federal Reserve. Historically, United States - Federal government current expenditures: Interest payments: to persons and business reached a record high of 438.05600 in January of 2019 and a record low of 13.54600 in January of 1960. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Federal government current expenditures: Interest payments: to persons and business - last updated from the United States Federal Reserve on March of 2025.
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United States - Producer Price Index by Commodity: Processed Foods and Feeds: Ice Cream and Frozen Desserts was 262.39200 Index 1982=100 in March of 2022, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Processed Foods and Feeds: Ice Cream and Frozen Desserts reached a record high of 262.39200 in March of 2022 and a record low of 30.30000 in June of 1947. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Processed Foods and Feeds: Ice Cream and Frozen Desserts - last updated from the United States Federal Reserve on March of 2025.
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United States - Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, Midpoint was 4.00000 Fourth Qtr., % in December of 2024, according to the United States Federal Reserve. Historically, United States - Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, Midpoint reached a record high of 5.65000 in May of 2010 and a record low of 3.90000 in December of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, Midpoint - last updated from the United States Federal Reserve on February of 2025.
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Graph and download economic data for Contributions to percent change in real gross domestic product: Exports of goods and services (A020RY2Q224SBEA) from Q2 1947 to Q4 2024 about contributions, exports, percent, goods, services, real, GDP, and USA.