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The United States is a highly developed/advanced mixed economy. [36] [37] [38] It is the world's largest economy by nominal GDP; it is also the second largest by purchasing power parity (PPP), behind China. [39] . It has the world's seventh highest per capita GDP (nominal) and the eighth highest per capita GDP (PPP) as of 2022. [40] .
The economic history of the United States is about characteristics of and important developments in the economy of the U.S., from the colonial era to the present. The emphasis is on productivity and economic performance and how the economy was affected by new technologies, the change of size in economic sectors and the effects of legislation ...
Economy of the United States - Wikiwand. From Wikipedia, the free encyclopedia. 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.
The economy of the United States is divided into economic sectors. The North American Industry Classification System (NAICS) was developed in 1997 and is used by the United States Census Bureau and U.S. Securities Exchange Commission (SEC).
Economy of the United States. The economy of the United States is the world's largest national economy and the world's second-largest overall economy, the GDP of the European Union being approximately $2 trillion larger. The nominal GDP of the United States was estimated to be $21.4 trillion in 2019, [1] approximately a quarter of nominal ...
Overview. In 2020, the U.S. GDP contracted at a 3.5% annualized rate. It was the biggest contraction since 1946 and the first contraction since 2009. [6] [7] The United States Census Bureau 's Household Pulse Survey published weekly statistics of the effects of the pandemic on Americans' lives.
List of economic expansions in the United States. In the United States the unofficial beginning and ending dates of national economic expansions have been defined by an American private non-profit research organization known as the National Bureau of Economic Research (NBER).
