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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
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 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 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
What is the gross domestic product (GDP) in South Carolina About $273 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 $273 3 billion is the “real GDP,” which is adjusted to account for inflation to make it easier to compare
What do Americans think of the economy? - USAFacts How have Americans’ feelings about the economy changed? In 2019, 50% of adults felt that the national economy was in either good or excellent shape, while 63% thought the same of their local economy In 2020, those sentiments dropped to 26% on the national level and 43% locally Both figures hit low points in 2022 before ticking up in 2023
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 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 Pennsylvania About $818 5 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 $818 5 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 California About $3 4 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 $3 4 trillion is the “real GDP,” which is adjusted to account for inflation to make it easier to compare