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US economy statistics, charts, and trends | USAFacts Economy Understand the financial forces that affect daily American life Discover how exports and imports impact US taxes and debt, plus learn about inflation and other economic indicators
State of the Union: In Numbers 2025 - USAFacts Trade plays an important role in the economy as a component of GDP, with $3 2 trillion in trade exports and $4 1 trillion in imports in 2024 This resulted in a $918 4 billion trade deficit In 2023, trade with Canada, Mexico, and China accounted for 32 7% of total exports and 37 8% of total imports
Just the Facts about the US economy | USAFacts Learn the facts about the US economy: both national measures like GDP and inflation and data with personal impact, like wages and housing prices
What is the gross domestic product (GDP) in Nevada About $200 9 billion in 2024 Gross domestic product (GDP) measures the value of goods and services a country or state produces — it’s the sum of consumer spending, business investment, government spending, and net exports It is often used to quantify the size of its economy The $200 9 billion is the “real GDP,” which is adjusted to account for inflation to make it easier to compare
What is the gross domestic product (GDP) in Arizona About $433 8 billion in 2024 Gross domestic product (GDP) measures the value of goods and services a country or state produces — it’s the sum of consumer spending, business investment, government spending, and net exports It is often used to quantify the size of its economy The $433 8 billion is the “real GDP,” which is adjusted to account for inflation to make it easier to compare
What is the gross domestic product (GDP) in New York About $1 8 trillion in 2024 Gross domestic product (GDP) measures the value of goods and services a country or state produces — it’s the sum of consumer spending, business investment, government spending, and net exports It is often used to quantify the size of its economy The $1 8 trillion is the “real GDP,” which is adjusted to account for inflation to make it easier to compare
What is the gross domestic product (GDP) in Georgia About $701 1 billion in 2024 Gross domestic product (GDP) measures the value of goods and services a country or state produces — it’s the sum of consumer spending, business investment, government spending, and net exports It is often used to quantify the size of its economy The $701 1 billion is the “real GDP,” which is adjusted to account for inflation to make it easier to compare
What is the gross domestic product (GDP) in Washington state About $702 0 billion in 2024 Gross domestic product (GDP) measures the value of goods and services a country or state produces — it’s the sum of consumer spending, business investment, government spending, and net exports It is often used to quantify the size of its economy The $702 0 billion is the “real GDP,” which is adjusted to account for inflation to make it easier to compare
What is the gross domestic product (GDP) in Massachusetts About $633 6 billion in 2024 Gross domestic product (GDP) measures the value of goods and services a country or state produces — it’s the sum of consumer spending, business investment, government spending, and net exports It is often used to quantify the size of its economy The $633 6 billion is the “real GDP,” which is adjusted to account for inflation to make it easier to compare
What is the gross domestic product (GDP) in Minnesota About $395 3 billion in 2024 Gross domestic product (GDP) measures the value of goods and services a country or state produces — it’s the sum of consumer spending, business investment, government spending, and net exports It is often used to quantify the size of its economy The $395 3 billion is the “real GDP,” which is adjusted to account for inflation to make it easier to compare