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The regional economic accounts tell us about the geographic distribution of U.S. economic activity and growth. The estimates of gross domestic product by state and state and local area personal income, and the accompanying detail, provide a consistent framework for analyzing and comparing individual state and local area economies.Agriculture, food, and related industries contributed roughly $1.264 trillion to U.S. gross domestic product (GDP) in 2021, a 5.4-percent share. The output of America’s farms contributed $164.7 billion of this sum—about 0.7 percent of U.S. GDP. The overall contribution of agriculture to GDP is larger than 0.7 percent because sectors related ...The outdoor recreation economy accounted for 1.9 percent ($454.0 billion) of current-dollar gross domestic product (GDP) for the nation in 2021. At the state level, outdoor recreation value added as a share of GDP ranged from 4.8 percent in Hawaii to 1.3 percent in New York and Connecticut. The share was 0.9 percent in the District of Columbia.Most of us have only seen the amazing power of a volcanic eruption in movies. But did you know that there are approximately 169 volcanoes in the United States that scientists consider active?The United States GDP was $20.50 trillion in 2018 with a growth rate of 2.9%. As with many other things, GDP varies greatly in each of the 50 states and the District of Columbia, with some states having GDPs that rival entire countries.For example, Texas’s economy of $1.8 trillion is larger than the economy of global superpower Russia. In 2018-2019, all fifty …Are you considering pursuing a PhD program in the United States? The cost of higher education can be daunting, but luckily, there are fully funded PhD programs available. Stanford University is another top institution that offers fully fund...Updated country income classifications are available here. The World Bank assigns the world’s economies [1] to four income groups—low, lower-middle, upper-middle, and high income. The classifications are updated each year on July 1 and are based on the GNI per capita of the previous year (2021). GNI measures are expressed in United …GDP Growth Rate in 2022 was 2.06%, representing a change of 423,200,000,000 US$ over 2021, when Real GDP was $20,529,500,000,000. GDP per Capita in the United States of America (with a population of 338,289,857 people) was $61,937 in 2022, an increase of $1,018 from $60,919 in 2021; this represents a change of 1.7% in GDP per capita .GDP growth (annual %) - United States | Data Real gross domestic product per capita . ... Household Debt to GDP for United States . Ratio, Quarterly, Not Seasonally Adjusted Q1 2005 to Q1 2023 (Aug 1)Real gross domestic product (GDP) of the United States in 2022, by state. (in billion chained ...Jan 28, 2021 · Real gross domestic product (GDP) increased at an annual rate of 4.0 percent in the fourth quarter of 2020 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 33.4 percent. GDP per capita (current US$) - United States. World Bank national accounts data, and OECD National Accounts data files. License : CC BY-4.0. Line Bar Map. Label. China has an upper middle income, developing, mixed, socialist market economy, that incorporates industrial policies and strategic five-year plans. It is the world's second largest economy by nominal GDP, behind the United States, and the world's largest economy since 2016 when measured by purchasing power parity (PPP). Due to a volatile currency …Comparison of State and Local Government Spending and Debt. in the United States. -5yr -1yr Fiscal Year 2021. Amounts in $ billion. State. State &. Local.the United States ( RelProd) in 1 9 9 0 and the average investment share of GDP from 1 9 8 0 - 1 9 9 0 ( S K ), remembering that investment equals saving. The regression results in the following output: widehat ( RelProd = -) - 0. 0 8 + 2. 4 4 × S K, R 2 = 0. 4 6, SER = 0. 2 1 ( 0. 0 4) ( 0. 3 8) a. Interpret the regression results carefully.World Bank DataReal gross domestic product (GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2022 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.2 percent. The GDP estimate released today is based on more complete source data than were …This map is skewed because of the oil fields. I can assure you that even though our GDP may be 90-100k per person, the average person isn't making nearly that much. 402. [deleted] • 10 mo. ago. TinKicker • 10 mo. ago. Well…the average person is, but not the mean person. 40. bootstrapping_lad • 10 mo. ago.٢٨‏/١١‏/٢٠١٦ ... These areas of the United States had the same GDP in 2015 as the economies of entire countries ... Top 20 US metro areas by economic activity ...Data are in current U.S. dollars. U.S. gdp per capita for 2022 was $76,399, a 8.8% increase from 2021. U.S. gdp per capita for 2021 was $70,219, a 10.53% increase from 2020. U.S. gdp per capita for 2020 was $63,529, a 2.44% decline from 2019. U.S. gdp per capita for 2019 was $65,120, a 3.66% increase from 2018. The Gross Domestic Product per capita in the United States was last recorded at 62866.71 US dollars in 2022. The GDP per Capita in the United States is equivalent to 498 percent of the world's average. GDP per Capita in the United States averaged 40172.30 USD from 1960 until 2022, reaching an all time high of 62866.71 USD in 2022 and a record low of 19135.27 USD in 1960. This page provides ...Oct 6, 2023 · 2. Texas ($2.354 trillion) GDP growth by state statistics show that Texas had one of highest growth rates in the USA entering the year 2022. From $2.051 trillion in 2021, Texas increased its GDP by 9.54% to $2.247 trillion in Q1 and then grew it by another 4.75%, reaching $2.354 trillion in Q2. U.S. share of value added to GDP 2022, by industry. In 2022, the finance, insurance, real estate, rental, and leasing industry contributed the highest amount of value to the GDP of the U.S. at 20. ...The GDP figure in the second quarter of 2023 was $6,765,753 million, United States is the world's leading economy with regard to GDP, as can be seen in the ranking of quarterly GDP of the 53 countries that we publish. United States has a quarterly GDP per capita, of $18,701, $652 higher than the same quarter last year, it was .Looking Ahead at the World’s GDP. The global GDP figure of $94 trillion may seem massive to us today, but such a total might seem much more modest in the future. In 1970, the world economy was only about $3 trillion in GDP—or 30 times smaller than it is today. Over the next thirty years, the global economy is expected to more or less double ...Florida’s $883.1 billion GDP is the fourth largest of all states and is relatively close to Netherlands’ GDP of $918.3 billion. Florida is an outlier on this list in that its GDP per capita of ...Gross domestic product 2022 (millions of Ranking Economy US dollars) 1 United States 25,462,700 2 China 17,963,171Dec 8, 2021 · GDP is a comprehensive measure of the U.S. economy and its growth. Measures industries' performance and their contributions to GDP. State counterpart of national GDP, including industries' contributions to each state economy. GDP for local areas, with industries’ contributions to each economy. Note: GDP by Metro Area is now part of GDP by ... Jul 3, 2023 · What Is the Poorest State in the United States by GDP? The state with the lowest GDP as of Q1 2023 is Vermont, with a real GDP of $31.61 billion. However, Mississippi is the poorest state on a per ... Sep 6, 2023 · Historical NHE, 2021: NHE grew 2.7% to $4.3 trillion in 2021, or $12,914 per person, and accounted for 18.3% of Gross Domestic Product (GDP). Medicare spending grew 8.4% to $900.8 billion in 2021, or 21 percent of total NHE. Medicaid spending grew 9.2% to $734.0 billion in 2021, or 17 percent of total NHE. Private health insurance spending grew ... Jun 1, 2023 · According to the CBO, the United States GDP will increase steadily over the next decade from 26.24 trillion U.S. dollars in 2023 to 39.23 trillion U.S. dollars in 2033. The annual GDP of the ... U.S. gdp for 2021 was $23,315.08B, a 10.71% increase from 2020. U.S. gdp for 2020 was $21,060.47B, a 1.5% decline from 2019. U.S. gdp for 2019 was $21,380.98B, a 4.13% increase from 2018. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included ... Historical NHE, 2021: NHE grew 2.7% to $4.3 trillion in 2021, or $12,914 per person, and accounted for 18.3% of Gross Domestic Product (GDP). Medicare spending grew 8.4% to $900.8 billion in 2021, or 21 percent of total NHE. Medicaid spending grew 9.2% to $734.0 billion in 2021, or 17 percent of total NHE. Private health insurance spending grew ...highest tax-to-GDP ratio in the United States was 28.3% in 2000, with the lowest being 22.9% in 2009. The United States ranked 32nd¹ out of 38 OECD countries in terms of the tax-to-GDP ratio in 2021. In 2021, the United States had a tax-to-GDP ratio of 26.6% compared with the OECD average of 34.1%. In 2020, the United States was alsoBrowse Data by Economic Accounts. To find a statistic, or to explore BEA's data, start with one of the groupings below.Military budget of China, USSR, Russia and US in constant 2019 US$ billions Military spending as a percent of federal government revenue. The military budget of the United States is the largest portion of the discretionary federal budget allocated to the Department of Defense (DoD), or more broadly, the portion of the budget that goes to any military …Table 1.1 Estimates of the Total and Farm Labor Force, United States, 1800 to 1860 Farm Labor Force Total Labor Force (thousands of (thousands of workers) workers) Farm Shares (8) Year Lebergott Weiss Lebergott Weiss Lebergott Weiss 1800 1810 1820 1830 1840 1850 1860 1800-18 10 1810-20 1820-30 1830-40 1840-50 I85060 1 800-1 820 1820-40 U.S. total trade amounted to $4.2 trillion in 2018. [57] Of the world's 500 largest companies, 121 are headquartered in the U.S. [58] The U.S. has the world's highest number of billionaires, with a total wealth of $3.0 trillion. [59] [60] US commercial banks had $22.9 trillion in assets as of December 2022. [61]Real gross domestic product (GDP) of the United States in 2022, by state. (in billion chained ...Historical NHE, 2021: NHE grew 2.7% to $4.3 trillion in 2021, or $12,914 per person, and accounted for 18.3% of Gross Domestic Product (GDP). Medicare spending grew 8.4% to $900.8 billion in 2021, or 21 percent of total NHE. Medicaid spending grew 9.2% to $734.0 billion in 2021, or 17 percent of total NHE. Private health insurance spending grew ...Mar 9, 2023 · Louisiana. 2.4%. #10. Orlando. Florida. 2.4%. San Francisco, Seattle, and Dallas appear on both the overall GDP size and growth lists. Dallas’ economy is driven in large part by a growing healthcare industry. The city also continues to attract talent being home to large companies AT&T, CBRE Group, and Texas Instruments. On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. [5] The rankings of national economies over time have changed considerably; the United States surpassed the British Empire 's output around 1916, [6] which in turn had surpassed the Qing dynasty in aggregate output decades earlier. The GDP per capita of United States in 2022 was €72,710 $77,469, €13,430 $7,309 higher than in 2021, it was €59,280 $70,160. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2012 when the GDP per capita in United States was €40,243 $51,737 . What Is the Poorest State in the United States by GDP? The state with the lowest GDP as of Q1 2023 is Vermont, with a real GDP of $31.61 billion. However, Mississippi is the poorest state on a per ...States with the Least Debt. 1. Texas. Texas has the lowest debt of any state in the U.S. Texas's total liabilities add up to $222.64 billion, and its total assets add up to $356.01 billion, giving Texas the highest net position in the …Real gross domestic product per capita . ... Household Debt to GDP for United States . Ratio, Quarterly, Not Seasonally Adjusted Q1 2005 to Q1 2023 (Aug 1)Dec 8, 2021 · GDP is a comprehensive measure of the U.S. economy and its growth. Measures industries' performance and their contributions to GDP. State counterpart of national GDP, including industries' contributions to each state economy. GDP for local areas, with industries’ contributions to each economy. Note: GDP by Metro Area is now part of GDP by ... The real GDP in individual states increased at an annual rate ranging from 175 in Texas to 0.3% in Michigan, and Maryland. New York was the only state that saw no change in GDP from Q3 to Q4 2022. Three states—South Dakota, Nebraska, and Iowa— saw decreases in GDP ranging from -1.2% to -4.3%. The ten states with the largest 2022 Q4 GDP (in ... Florida’s $883.1 billion GDP is the fourth largest of all states and is relatively close to Netherlands’ GDP of $918.3 billion. Florida is an outlier on this list in that its GDP per capita of ...New Jersey. $582 billion. United States. $20 trillion. Previous Next. Altogether, California, New York, and Texas account for almost one-third of the country’s economy, combining for $6.3 trillion in real GDP in 2022. The only other state that reached the trillion dollar mark is Florida with $1.1 trillion. Texas’ economy is driven largely ...Trump declared a state of emergency in March 2020 as the coronavirus pandemic broke out in the United States. Nonessential businesses closed, and Americans sheltered in place. Stimulus measures such as the $2 trillion CARES Act were not enough to keep the economy afloat. The GDP averaged 0.325% growth per quarter.GDP by Country GDP Per Capita by Country Manufacturing by Country Debt to GDP Ratio by Country. ... Billions of US $ United States: $2,497.13B: Japan: $1,025.09B: Germany: $803.21B: South Korea: $461.10B: Italy: $319.43B: United Kingdom: $271.47B: ... If you use our chart images on your site or blog, ...Published by Statista Research Department , Jun 1, 2023. Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2022, at 79,434 U.S. dollars, followed ...The figure hit at a record high of 77.3 per cent in 2021, when China’s economic growth roared past 8 per cent and the US grew by 5.7 per cent, before it fell to …County-level Data Sets. Socioeconomic indicators like poverty rates, population change, unemployment rates, and education levels vary across U.S. States and counties. ERS compiles the latest statistics on these measures and provides maps and data for U.S. States and counties/county equivalents, including Puerto Rico when available.The amount of U.S. public debt, measured as a percentage of GDP, held by the public since 1900. The United States federal government has continuously had a fluctuating public debt since its formation in 1789, except for about a year during 1835–1836, a period in which the nation, during the presidency of Andrew Jackson, completely paid the national debt.Sep 28, 2023 · Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the second quarter of 2023, according to the “third” estimate. In the first quarter, real GDP increased 2.2 percent (revised). The increase in the second quarter primarily reflected increases in business investment, consumer spending, and state and local ... What Was? US Nominal GDP US Real GDP US GDP Deflator US Population US Nominal GDP Per Capita US Real GDP Per Capita ... national income of the United States.U.S. gnp for 2022 was $25,454.40B, a 8.13% increase from 2021. U.S. gnp for 2021 was $23,539.92B, a 9.83% increase from 2020. U.S. gnp for 2020 was $21,432.32B, a 1.29% decline from 2019. U.S. gnp for 2019 was $21,713.40B, a 4.69% increase from 2018. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes ... 124,010,992. Persons per household, 2017-2021. 2.60. Living in same house 1 year ago, percent of persons age 1 year+, 2017-2021. 86.6%. Language other than English spoken at home, percent of persons age 5 years+, 2017-2021. 21.7%. Computer and Internet Use. Households with a computer, percent, 2017-2021.Comparison of State and Local Government Spending and Debt. in the United States. -5yr -1yr Fiscal Year 2021. Amounts in $ billion. State. State &. Local.Technical: Clifford Woodruff (GDP) Matthew von Kerczek (Income) 301 -278 -9234 301 -278 -9250 [email protected] [email protected] Media: Connie O’Connell 301 -278 -9003 [email protected] Gross Domestic Product by State and Personal Income by State, 3rd Quarter 2022 . Real gross domestic product (GDP)When it comes to finding employment in the United States, it’s crucial to understand which industries offer the most job opportunities. With a diverse and dynamic economy, there are several sectors that consistently provide a high number of...List of U.S. states and federal district by economic growth in 2010–13 2013 Rank State or federal district 2013 GDP Percent change 2010–13 GDP Percent change 2010–13 Pop. Percent change 2010–13 Per Capita GDP percent change — United States: 1.8 2.0 0.8 1.2 1 North Dakota: 9.7 11.7 2.4 9.3 2 Wyoming: 7.6 1.2 1.1 0.1 3 West Virginia: 5. ...Comparison of State and Local Government Spending and Debt. in the United States. -5yr -1yr Fiscal Year 2021. Amounts in $ billion. State. State &. Local.Mar 31, 2022 · Real gross domestic product (GDP) increased in 47 states and the District of Columbia in the fourth quarter of 2021, as real GDP for the nation increased at an annual rate of 6.9 percent, according to statistics released today by the U.S. Bureau of Economic Analysis. The GDP (gross domestic product) is not considered to be a good measure of economic well-being by many because it only measures the sales and income from economic purchases rather than looking at any moral implications.Technical: Clifford Woodruff (GDP) Matthew von Kerczek (Income) 301 -278 -9234 301 -278 -9250 [email protected] [email protected] Media: Connie O’Connell 301 -278 -9003 [email protected] Gross Domestic Product by State and Personal Income by State, 3rd Quarter 2022 . Real gross domestic product (GDP)States GDP by State with Industry Detail State counterpart of national GDP, including industries' contributions to each state economy Consumer Spending by State Spending by residents of the 50 states and D.C. Real Consumer Spending by State Consumer spending adjusted for state price level differences and national inflation Personal Income by StateDid you know that there are over 1,000 songs about different cities, states, and landmarks in the United States? There are so many songs that someone even took the time to create a map of America based solely on those songs. So it goes with...The Gross Domestic Product (GDP) in the United States was worth 25462.70 billion US dollars in 2022, according to official data from the World Bank. The GDP value of the United States represents 11.20 percent of the world economy. GDP in the United States averaged 8213.80 USD Billion from 1960 until 2022, reaching an all time high of 25462.70 USD Billion in 2022 and a record low of 543.30 USD ...Five states, including California and Texas, contribute about 41% of US GDP. Updated on Thu, October 5, 2023. US Gross Domestic Product (GDP) increased by 5.7% in 2021. This was the highest GDP growth rate in 37 years. But not all states contribute to GDP equally. The largest states by population tend to contribute more to GDP than smaller ...According to the CBO, the United States GDP will increase steadily over the next decade from 26.24 trillion U.S. dollars in 2023 to 39.23 trillion U.S. dollars in 2033. The annual GDP of the ...The United States GDP was $20.50 trillion in 2018 with a growth rate of 2.9%. As with many other things, GDP varies greatly in each of the 50 states and the District of Columbia, with some states having GDPs that rival entire countries.For example, Texas’s economy of $1.8 trillion is larger than the economy of global superpower Russia. In 2018-2019, all fifty …