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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 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
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
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 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 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 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
US Economy articles - USAFacts In 2024, the US produced $29 2 trillion in goods and services This is the total of what each industry and government sector contribute to the economy, and it’s called value added Value added is calculated by subtracting production costs (materials, services, work pay, taxes) from the value of the goods and services created
What is the gross domestic product (GDP) in - USAFacts 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