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1. www.bea.gov › news › glanceU.S. Economy at a Glance - Bureau of Economic Analysis

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   Apr 25, 2024 · The U.S. goods and services trade deficit decreased in March 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $69.5 billion in February (revised) to $69.4 billion in March, as imports decreased more than exports. The goods deficit increased $0.8 billion in March to $92.5 billion.

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     Marine Economy Satellite Account, 2022 : June 6 : 10:00 AM :...

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     New Foreign Direct Investment in the United States, 2022:...

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3. en.wikipedia.org › wiki › Economy_of_the_United_StatesEconomy of the United States - Wikipedia

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   The U.S. economy is heavily dependent on road transport for moving people and goods. Personal transportation is dominated by automobiles, which operate on a network of four million miles (6.4 million km) of public roads, [340] including one of the world's longest highway systems at 57,000 miles (91,700 km). [341]

   • Fiscal year: October 1, 2022 – September 30, 2023

   • Population: 340,332,281 (August 30, 2023)

4. www.nytimes.com › 2024/02/14 › briefingWhat’s Going on with the U.S. Economy? - The New York Times

   www.nytimes.com › 2024/02/14 › briefing

   Feb 14, 2024 · 1. The pre-Covid boom. The American economy has been disappointing for much of the past half-century. Income and wealth growth has been slow for most families, and inequality has soared.

5. People also ask

   How is the US economy doing?

   • US gross domestic product (GDP) increased 1.9% in 2022 and another 2.5% in 2023. Year-over-year inflation — the rate at which consumer prices increase — was 3.1% in January 2023. The Federal Reserve raised interest rates seven times in 2022 and four times in 2023.

   2024 Current State of the Union: US Economy - USAFacts

   usafacts.org/state-of-the-union/economy/

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   Is the US a good economy?

   • The U.S. is one of the top-performing economies in studies such as the Ease of Doing Business Index, the Global Competitiveness Report, and others. The economic history of the United States began with British settlements along the Eastern seaboard in the 17th and 18th centuries.

   Economy of the United States - Wikipedia

   en.wikipedia.org/wiki/Economy_of_the_United_States

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   What was the economic history of the United States?

   • The economic history of the United States began with British settlements along the Eastern seaboard in the 17th and 18th centuries. After 1700, the United States gained population rapidly, and imports as well as exports grew along with it. Africa, Asia, and most frequently Europe, contributed to the trade of the colonies.

   Economy of the United States - Wikipedia

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   Is the United States a developed or advanced economy?

   • The United States is a highly developed/advanced mixed economy. It is the world's largest economy by nominal GDP; it is also the second largest by purchasing power parity (PPP), behind China. It has the world's sixth highest per capita GDP (nominal) and the eighth highest per capita GDP (PPP) as of 2024.

   Economy of the United States - Wikipedia

   en.wikipedia.org/wiki/Economy_of_the_United_States

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6. usafacts.org › state-of-the-union › economy2024 Current State of the Union: US Economy - USAFacts

   usafacts.org › state-of-the-union › economy

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   The unemployment rate was 3.4% at the beginning of 2023 and 3.7% by the end. The labor force participation rate was 62.5% in January 2024, up 0.1 percentage points over January 2023. Last year, the US continued to import more than it exported; however, the trade deficit fell 22% from $990.3 billion in 2022 to $773.4 billion.

7. usafacts.org › topics › economyWhat is the current state of the US economy? - USAFacts

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   Dec 12, 2022 · Economic growth. In the third quarter of 2023, annual real GDP growth in the United States was 4.9%, up from 2.1% the previous quarter. Among states, Kansas led with the highest annual GDP growth in the third quarter of 2023 at 9.7%. Gross domestic product (GDP) is used to estimate the size of the US economy. It is calculated as the total value ...

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9. www.bls.gov › eag › eagUnited States Economy at a Glance - U.S. Bureau of Labor ...

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   United States - Monthly Data. (1) In percent, seasonally adjusted. Annual averages are available for Not Seasonally Adjusted data. (2) Number of jobs, in thousands, seasonally adjusted. (3) Average Hourly Earnings for all employees on private nonfarm payrolls. (4) All items, U.S. city average, all urban consumers, 1982-84=100, 1-month percent ...

10. www.bea.gov › data › gdpGross Domestic Product | U.S. Bureau of Economic Analysis (BEA)

    www.bea.gov › data › gdp

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    A comprehensive measure of U.S. economic activity. GDP measures the value of the final goods and services produced in the United States (without double counting the intermediate goods and services used up to produce them). Changes in GDP are the most popular indicator of the nation's overall economic health. Learn More