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The gap was less than 0.1% of GDP in 2022, revised from −0.6%. "It's worth noting the average statistical discrepancy as a share of GDP over the last 50 years is about 0.9%," said Wasshausen.
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending ... The first quarter's GDP growth marked a sharp slowdown from the vigorous 3.4% rate in the ...
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 ...
Canada's 2017 debt-to-GDP ratio was 89.7%, [7] compared to the United States at 107.8%. [8] According to the IMF's 2018 annual Article IV Mission to Canada, compared to all the G7 countries, including the United States, Canada's "total government net debt-to-GDP ratio", is the lowest. [9] Canada has been the G7 leader in economic growth since ...
The average of GDP and GDI, also referred to as gross domestic output and considered a better measure of economic activity, increased at a 2.6% rate. That was revised up from the 2.5% rate ...
The United States has a highly developed mixed economy. [40] [41] [42] It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). [43]As of 2024, it has the world's sixth highest nominal GDP per capita and eighth highest GDP per capita by PPP). [10]
The US government's Bureau of Economic Analysis as of Q3 2023 estimates $10,007.7 billion in annual total government expenditure and $27,610.1 billion annual total GDP which is 36.2%. [1] This government total excludes spending by "government enterprises" which sell goods and services "to households and businesses in a market transaction."
The reading came in lower than third quarter GDP, which was revised down to 4.9%. For the year, the US economy grew at an annualized rate of 2.5%, up from 1.9% in 2022.