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2024 Current State of the Union: US Economy - USAFacts
USAFacts uses data to show how the US economy changed in 2023 compared to pre-pandemic levels. Get nonpartisan data about economic indicators like GDP growth, unemployment rates, earnings, and more with the State of the Union in Numbers.
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?
Jan 8, 2025 · The $422.4 billion is the “real GDP,” which is adjusted to account for inflation to make it easier to compare the size of an economy over time. Showing data for Arizona $422.4 B
What is the current inflation rate in the US? - USAFacts
Jan 17, 2025 · The $23.4 trillion is the “real GDP,” which is adjusted to account for inflation to make it easier to compare the size of an economy over time. How much debt does the US have? About $34.3 trillion as of September 2024.
How did the economy perform in 2021? - USAFacts
Jan 13, 2022 · As 2021 ends, the US economy is still feeling the effects of the COVID-19 pandemic. In some ways, the economy looks closer to 2019. The unemployment rate continued to drop. Fewer people reported not having enough food to eat. But people also quit their jobs at historically high rates.
What is the gross domestic product (GDP) in Washington, DC?
Jan 8, 2025 · About $146.0 billion in Q1 2023. 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 $146.0 billion is the “real GDP,” which is adjusted to account for inflation to …
What role do small businesses play in the economy?
Nov 22, 2024 · The federal government has a history of supporting entrepreneurs to stimulate the small business economy. The SBA is a cabinet-level agency that provides support for small businesses through programs like the Small Business Innovation Research and Small Business Technology Transfer programs, which provide a government-funded seed pool for small ...
What is the gross domestic product (GDP) in Massachusetts?
Jan 8, 2025 · The $615.5 billion is the “real GDP,” which is adjusted to account for inflation to make it easier to compare the size of an economy over time. Showing data for Massachusetts $615.5 B
What is inflation and how is it measured? | USAFacts
Aug 29, 2024 · In economic discourse, economists, government, and media often refer to the concept of inflation — general price increases in an economy. Inflation measures a nation’s economic wellbeing, in part because it reflects consumer experience — rising inflation means an increase in cost of living. What causes inflation?