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American companies such as Boeing, Cessna (see: Textron), Lockheed Martin (see: Skunk Works), and General Dynamics produce a majority of the world's civilian and military aircraft in factories across the United States. The manufacturing sector of the U.S. economy has experienced substantial job losses over the past several years.
The economic history of the United States spans the colonial era through the 21st century. The initial settlements depended on agriculture and hunting/trapping, later adding international trade, manufacturing, and finally, services, to the point where agriculture represented less than 2% of GDP.
While the economy is cooling from the torrid pace of the pandemic, fueled by fiscal and monetary stimulus, real gross domestic product (GDP) per capita still expanded by 2.1% in the third quarter ...
The United States Census Bureau currently conducts a comprehensive Economic Census [1] every five years. The results of this survey are tabulated according to the NAICS and provide statistics about the U.S. economy. The most recent data are from 2007. [2] The 2012 Economic Census is underway with the initial results to be available in December ...
The U.S. economy grew at a 2.8% annual pace last quarter as consumers continued to open their wallets despite elevated interest rates. ... The American economy, the world's biggest, has shown ...
Unemployment, another key economic health indicator, peaked at 14.7% during the 2020 COVID-19 pandemic and over 10% during the 2009-2010 Great Recession. Currently, it is at a low of 3.6% ...
The NBER defines an expansion as a period when economic activity rises substantially, spreads across the economy, and typically lasts for several years. [1] During the 19th century, the United States experienced frequent boom and bust cycles. This period was characterized by short, frequent periods of expansion, typically punctuated by periods ...
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its ...