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  2. Among states, Kansas led with the highest annual GDP growth in the third quarter of 2023 at 9.7%. Gross domestic product (GDP) is used to estimate the size of the US economy. It is calculated as the total value of all goods and services produced in the US.

  3. 2024 Current State of the Union: US Economy - USAFacts

    usafacts.org/state-of-the-union/economy

    How is the US economy doing? US gross domestic product (GDP) increased 1.9% in 2022 and another 2.5% in 2023. Year-over-year inflation — the rate at which consumer prices increase — was 3.1% in January 2023. The Federal Reserve raised interest rates seven times in 2022 and four times in 2023.

  4. Economy in the United States By State, for Gross Domestic ... -...

    usafacts.org/metrics/gross-domestic-product-gdp-by-state

    USAFacts -- 2022 (most recent) Gross domestic product (GDP) in the United States By state: highest -- California (3,598,102,700,000), lowest -- Vermont (40,617,100,000).

  5. The trends in housing affordability and subsidized housing. Housing is a key issue impacting many communities across the United States. This guide presents data on subsidized housing availability, rental costs relative to incomes, and homeownership trends to provide a clearer picture of the current housing landscape.

  6. What makes America the world’s most competitive economy?

    www.weforum.org/.../10/what-makes-america-the-world-s-most-competitive-economy

    The United States, as one of the world’s great innovation powerhouses, is very well positioned in this new competitive landscape. It ranks first overall in the world in three of our twelve pillars; business dynamism, labour markets and financial system. It comes second in another two; innovation (behind Germany) and market size (behind China).

  7. Economy of Washington Statistics and Data Trends: GDP ranking ...

    usafacts.org/topics/economy/state/washington

    Government data offers valuable insights into a state's economy. Washington's economy ranks 8th in size among states and Washington, DC. Explore this page to learn about the state's economic growth, job market, and economy size, backed by data from reputable sources like the Bureau of Economic Analysis and the Bureau of Labor Statistics.

  8. How did the economy perform in 2021? - USAFacts

    usafacts.org/articles/how-did-the-economy-perform-in-2021

    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. And inflation rose faster than it has in decades, making ...

  9. Economy in the United States for Gross Domestic Product (gdp ......

    usafacts.org/metrics/gross-domestic-product-gdp

    USAFacts -- In 2022 (most recent), Gross domestic product (GDP) was 25462722000000.0 in the United States. This increased by 2,147,641,000,000 or 9.21% from

  10. What is the US national debt and how has it grown over time? -...

    usafacts.org/articles/what-is-the-us-national-debt-and-how-has-it-grown-over-time

    The national debt has grown by $30.71 trillion since 1993, and nearly $16.79 trillion in the last decade. [1] The largest national debt increases followed the Great Recession in 2008 and the COVID-19 pandemic in 2020. The national debt grew $2.41 trillion over the last 365 days, an increase of about $6.6 billion a day.

  11. The world’s top economy: the US vs China in five charts

    www.weforum.org/stories/2016/12/the-world-s-top-economy-the-us-vs-china-in...

    The world’s top economy: the US vs China in five charts. For more than a century, the United States has been the world's biggest economy, accounting for over 24% of the world’s gross domestic product (GDP) in 2016, according to figures from the World Bank. But change is afoot, as this infographic from the Visual Capitalist shows.