What is the current state of the US economy? - USAFacts
Dec 12, 2022 · Find statistics and data trends about the American economy, including the GDP growth, recent jobs and employment reports, investments in small businesses, wealth distribution, and price inflation. We visualize, explain and provide objective context using government data to help you better understand how the American economy is changing.
2024 Current State of the Union: US Economy - USAFacts
Economy 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.
South Africa's economy in 5 charts | World Economic Forum
May 8, 2019 · South Africa has a dual economy, writes World Bank country director Paul Noumba Um in the Overcoming Poverty and Inequality report. “On the one hand is a small high-skilled, high-productivity economy and on the other hand, a large low-skilled, low-productivity one.
Economy of California Statistics and Data Trends: GDP ranking ...
Aug 30, 2023 · California ranks 1st in economy size among states and Washington, DC. In general, the size of a state’s economy is correlated with the size of its population, though a number of other factors determine its ranking in economic output. Each state’s economy has different strengths based on its natural resources, workforce, and core industries.
What will happen to the global economy in 2024? - The World …
Jan 15, 2024 · The global economy is expected to remain uncertain throughout 2024. The World Economic Forum’s latest Chief Economists Outlook finds that just over half of chief economists anticipate the global economy to weaken this year. Seven in 10 expect the pace of geoeconomic fragmentation to accelerate in 2024.
Where is China’s economy headed? | World Economic Forum
Jun 27, 2024 · Last year, the IMF estimated that economic fragmentation and increased international trade restrictions could cost the global economy $7.4 trillion and cut global economic output by as much as 7%. Experts note that in particular, tensions between the United States and China pose a significant threat to economic development worldwide ...
US economy statistics, charts, and trends | USAFacts
Economy Understand the financial forces that affect daily American life. Discover how exports and imports impact US taxes and debt, plus learn about inflation and other economic indicators.
Economy of Nevada - USAFacts
Aug 30, 2023 · Nevada ranks 32nd in economy size among states and Washington, DC. In general, the size of a state’s economy is correlated with the size of its population, though a number of other factors determine its ranking in economic output. Each state’s economy has different strengths based on its natural resources, workforce, and core industries.
The world’s top economy: the US vs China in five charts
Dec 5, 2016 · China is well on its way to becoming the world’s leading economy, and is already there in PPP terms. However, in order to surpass the US’s highly diversified, tertiary economy, there’s more to do: China still needs to make the all-important transition from a resource-intensive manufacturing hub to a modern, consumer-driven economy.
19 charts that explain India’s economic challenge
Nov 5, 2015 · India has come a long way in modernizing its economy, reducing poverty and improving living standards for a large segment of its population. Its economy has been one of the largest contributors to global growth over the last decade, accounting for about 10% of the world’s increase in economic activity since 2005, while GDP per capita in PPP ...