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An economic indicator is a statistic that conveys certain information about economic activity. Economic indicators allow investors to analyze the economic performance of a state, country or region, as well as make forecasts about future performance. For example, each quarter the United States releases data on gross domestic product (GDP). This ...
The United States exited recession in late 1949, and another robust expansion began. This expansion coincided with the Korean War, after which the Federal Reserve initiated more restrictive monetary policy. The slowdown in economic activity led to the recession of 1953, bringing an end to nearly four years of expansion. May 1954– Aug 1957 39 ...
The following reports on economic indicators are reported by United States government agencies: Business activity Wholesale Inventories; Industrial Production (Federal Reserve) Capacity Utilization; Regional Manufacturing Surveys (purchasing managers' organizations and Federal Reserve banks) Philadelphia Fed Index (Federal Reserve Bank of ...
On the economic calendar this week, Wednesday will present investors with the busiest schedule as service sector readings from S&P Global and the Institute for Supply Management are due out in the ...
The data source for the list is the Bureau of Economic Analysis (BEA) in 2024. The BEA defined GDP by state as "the sum of value added from all industries in the state." [1] Overall, in the calendar year 2024, the United States' Nominal GDP at Current Prices totaled at $29.017 trillion, as compared to $25.744 trillion in 2022.
Since World War II, the United States economy has performed significantly better on average under the administrations of Democratic presidents than Republican presidents. . This difference is found in economic metrics including job creation, GDP growth, stock market returns, personal income growth, and corporate pro
The Bureau of Economic Analysis's revised estimate of second quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 2.1% during the period, lower than the initial ...
The Western Blue Chip Economic Forecast has been cited in Forbes as one of the few sources of regional forecasts for the economy of the United States. [8] It has also been cited in a number of regional business journals in discussions of regional economic prospects. [9] [10] [11]