recent growth rate of us gdp since the great recession nited-states/gdp-growth

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Recent Growth Rate of US GDP Since the Great Recession http:// www.tradingeconomics.com/ united-states/gdp-growth

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Page 1: Recent Growth Rate of US GDP Since the Great Recession  nited-states/gdp-growth

Recent Growth Rate of US GDPSince the Great Recession

http://www.tradingeconomics.com/united-states/gdp-growth

Page 2: Recent Growth Rate of US GDP Since the Great Recession  nited-states/gdp-growth

• United States GDP Growth Rate• The Gross Domestic Product (GDP) in the United States

– expanded 2.50 percent in the first quarter of 2013 over the previous quarter. (Bureau of Economic Analysis)

– Historically, from 1947 until 2013, US GDP Growth Rate averaged 3.23• all time high of 17.20 March of 1950• record low of -10.40 Percent in March of 1958.

– Finance, insurance, real estate, rental, leasing, health care, social assistance, professional, business and educational services account for more than 40 percent of GDP.

– Retail and wholesale trade creates another 12 percent of the wealth. – Government related services fuel 13 percent of GDP.– Utilities, transportation and warehousing and information 10 percent of the GDP. – Manufacturing, mining, and construction 17 percent of the output. – Agriculture 1.5 percent of the GDP, yet due to use of advance technologies, the

United States is a net exporter of food.