Economic statistics of the United States

Last updated

This article contains economic statistics for the United States dating back to 1929. Included are relevant statistics about GDP, personal income, household wealth, international trade, government finance, labor, industry and agriculture.

Contents

Main indicators

The following table shows the development of the different important indicators of the US economy over time, including nominal and real GDP. Green and red arrows in the table are showing decreasing/increasing values or positive/negative values. Inflation over 2% is shown in red.

Government financial indicators

The following table shows the development of the different important indicators of the US Government, including government debt and the budget balance. Green and red arrows in the table are showing decreasing/increasing values or positive/negative values

External transaction statistics

The following table shows the development of the different important indicators of external economic transactions, including international trade. Green and red arrows in the table are showing decreasing/increasing values or positive/negative values

Private sector business statistics

The following table shows the development of the different important indicators of the private sector, including corporate profits, bankruptcies and domestic net investment. Green and red arrows in the table are showing decreasing/increasing values or positive/negative values

YearTotal business sales
(billion $)
[22]
Corporate profits
(billion $)
[23]
Net investment
(billion $)
[24]
Business Applications [25] Number of
bankruptcies
[26]
Market capitalization
(in billion $)
[27]
192910.7
1930Decrease2.svg4.4
1931Decrease2.svg0.6
1932Decrease2.svg-1.3
1933Increase2.svg1.8
1934Increase2.svg3.2
1935Increase2.svg4.2
1936Increase2.svg7.0
1937Increase2.svg7.4
1938Decrease2.svg4.3
1939Increase2.svg7.5
1940Increase2.svg10.4
1941Increase2.svg18.4
1942Increase2.svg22.1
1943Increase2.svg25.5
1944Increase2.svg24.4
1945Decrease2.svg20.1
1946Increase2.svg24.9
1947Increase2.svg31.7
1948Increase2.svg35.2
1949Decrease2.svg28.9
1950Increase2.svg42.5
1951Increase2.svg43.6
1952Decrease2.svg39.4
1953Increase2.svg41.4
1954Decrease2.svg38.8
1955Increase2.svg49.1
1956Increase2.svg49.8
1957Decrease2.svg48.1
1958Decrease2.svg42.5
1959Increase2.svg53.2
1960Decrease2.svg50.720.7
1961Decrease2.svg50.6Decrease2.svg20.2
1962Increase2.svg55.4Increase2.svg27.3
1963Increase2.svg60.3Increase2.svg29.6
1964Increase2.svg67.0Increase2.svg34.1
1965Increase2.svg78.4Increase2.svg46.6
1966Increase2.svg85.9Increase2.svg57.4
1967Decrease2.svg82.8Decrease2.svg50.1
1968Increase2.svg92.3Increase2.svg54.1
1969Decrease2.svg90.1Increase2.svg60.9
1970Decrease2.svg79.2Decrease2.svg50.8
1971Decrease2.svg91.4Increase2.svg58.7
1972Increase2.svg106.4Increase2.svg70.8
1973Increase2.svg131.2Increase2.svg92.1
1974Increase2.svg144.1Decrease2.svg86.7
1975Decrease2.svg140.1Decrease2.svg45.2703.8
1976Increase2.svg179.7Increase2.svg78.1Increase2.svg883.1
1977Increase2.svg209.4Increase2.svg106.4Decrease2.svg834.2
1978Increase2.svg247.5Increase2.svg146.3Increase2.svg861.9
1979Increase2.svg266.8Increase2.svg172.9Increase2.svg993.5
1980Decrease2.svg246.9Decrease2.svg140.4Increase2.svg1,359.8
1981Decrease2.svg245.3Increase2.svg200.4Decrease2.svg1,263.6
1982Decrease2.svg197.6Decrease2.svg123.3Increase2.svg1,456.8
1983Increase2.svg227.0Decrease2.svg122.1Increase2.svg1,809.0
1984Decrease2.svg261.1Increase2.svg259.0Decrease2.svg1,602.1
1985Decrease2.svg250.1Decrease2.svg234.1Increase2.svg2,300.8
1986Increase2.svg225.9Decrease2.svg195.9Increase2.svg2,537.9
1987Increase2.svg287.6Decrease2.svg192.1Decrease2.svg2,531.7
1988Increase2.svg333.2Decrease2.svg190.1Increase2.svg2,779.9
1989Increase2.svg326.7Increase2.svg217.4Increase2.svg3,382.2
1990Increase2.svg329.6Decrease2.svg190.5Decrease2.svg3,093.4
1991Increase2.svg349.0Decrease2.svg123.2Increase2.svg4,159.6
19926,482.4Increase2.svg393.6Increase2.svg141.6Increase2.svg4,545.8
1993Increase2.svg6,806.3Increase2.svg435.2Increase2.svg183.5Increase2.svg5,251.0
1994Increase2.svg7,318.2Increase2.svg533.1Increase2.svg263.7Decrease2.svg5,137.7
1995Increase2.svg7,856.3Increase2.svg602.8Increase2.svg284.1Increase2.svg6,952.0
1996Increase2.svg8,243.1Increase2.svg650.8Increase2.svg322.5Increase2.svg8,480.5
1997Increase2.svg8,681.3Increase2.svg709.5Increase2.svg411.5Increase2.svg10,770.1
1998Increase2.svg8,908.7Decrease2.svg652.0Increase2.svg446.4Increase2.svg12,922.6
1999Increase2.svg9,434.1Increase2.svg676.0Increase2.svg494.6Increase2.svg14,777.4
2000Increase2.svg10,006.4Decrease2.svg640.8Increase2.svg536.935,472Increase2.svg15,107.8
2001Decrease2.svg9,817.9Decrease2.svg548.7Decrease2.svg341.4Increase Negative.svg40,099Decrease2.svg13,983.7
2002Increase2.svg9,878.8Increase2.svg650.1Decrease2.svg256.8Decrease Positive.svg38,540Decrease2.svg11,054.4
2003Increase2.svg10,256.4Increase2.svg831.7Decrease2.svg253.6Decrease Positive.svg35,037Increase2.svg14,266.3
2004Increase2.svg11,112.0Increase2.svg1,093.4Increase2.svg348.0Decrease Positive.svg34,317Increase2.svg16,323.7
2005Increase2.svg12,069.9Increase2.svg1,480.5Increase2.svg415.62,509,448Increase Negative.svg39,201Increase2.svg17,000.9
2006Increase2.svg12,828.4Increase2.svg1,653.9Increase2.svg490.1Increase2.svg2,635,772Decrease Positive.svg19,695Increase2.svg19,568.9
2007Increase2.svg13,538.1Decrease2.svg1,476.4Increase2.svg506.4Increase2.svg2,655,554Increase Negative.svg28,322Increase2.svg19,922.2
2008Increase2.svg13,929.3Decrease2.svg1,048.6Decrease2.svg376.6Decrease2.svg2,523,785Increase Negative.svg43,562Decrease2.svg11,590.3
2009Decrease2.svg11,866.9Increase2.svg1,156.9Decrease2.svg-68.9Decrease2.svg2,430,703Increase Negative.svg60,827Increase2.svg15,077.2
2010Increase2.svg13,068.5Increase2.svg1,492.9Increase2.svg172.3Increase2.svg2,499,850Decrease Positive.svg56,282Increase2.svg17,283.5
2011Increase2.svg14,482.5Decrease2.svg1,457.6Increase2.svg269.4Increase2.svg2,575,423Decrease Positive.svg47,806Decrease2.svg15,640.8
2012Increase2.svg15,210.5Increase2.svg1,810.0Increase2.svg427.1Increase2.svg2,576,992Decrease Positive.svg40,075Increase2.svg18,668.3
2013Increase2.svg15,674.6Increase2.svg1,821.3Increase2.svg489.4Increase2.svg2,611,992Decrease Positive.svg33,212Increase2.svg24,034.9
2014Increase2.svg16,153.3Increase2.svg1,949.4Increase2.svg585.6Increase2.svg2,667,717Decrease Positive.svg26,983Increase2.svg26,330.6
2015Decrease2.svg15,638.0Decrease2.svg1,842.3Increase2.svg647.9Increase2.svg2,823,725Decrease Positive.svg24,735Decrease2.svg25,067.5
2016Decrease2.svg15,547.1Decrease2.svg1,820.0Decrease2.svg516.8Increase2.svg2,976,271Decrease Positive.svg24,114Increase2.svg27,352.2
2017Increase2.svg16,290.0Decrease2.svg1,796.2Increase2.svg560.4Increase2.svg3,196,934Decrease Positive.svg23,157Increase2.svg32,120.7
2018Increase2.svg17,249.3Increase2.svg1797.0Increase2.svg664.2Increase2.svg3,499,222Decrease Positive.svg22,232Decrease2.svg30,436.3
2019Increase2.svg17,219.7Increase2.svg1,842.5Increase2.svg693.0Increase2.svg3,517,492Increase Negative.svg22,780Increase2.svg34,085.7
2020Decrease2.svg16,580.8Increase2.svg2,078.2Decrease2.svg389.3Increase2.svg4,380,443Decrease Positive.svg21,655Increase2.svg41,569.9
2021Increase2.svg19,601.2Increase2.svg2,950.2Increase2.svg544.9Increase2.svg5,409,643Decrease Positive.svg14,347Increase2.svg48,548.5
2022Increase2.svg22,019.2Increase2.svg3,085.0Increase2.svg824.7Decrease2.svg5,083,307Decrease Positive.svg13,125Decrease2.svg40,298.0
2023Decrease2.svg20,361.9Increase2.svg3,203.9Increase2.svg835.8Increase2.svg5,480,290Increase Negative.svg18,926

Labor statistics

The following table shows the development of the different important indicators of the US labor market, including employment and labor productivity. Green and red arrows in the table are showing decreasing/increasing values or positive/negative values

Agricultural indicators

The following table shows the development of the different important indicators of US agriculture. Green and red arrows in the table are showing decreasing/increasing values or positive/negative values.

Industrial indicators

The following table shows the development of the different important indicators of US industry and manufacturing. Green and red arrows in the table are showing decreasing/increasing values or positive/negative values.

See also

Related Research Articles

<span class="mw-page-title-main">Economy of Georgia (country)</span>

The economy of Georgia is an emerging free market economy. Its gross domestic product fell sharply following the dissolution of the Soviet Union but recovered in the mid-2000s, growing in double digits thanks to the economic and democratic reforms brought by the peaceful Rose Revolution. Georgia continued its economic progress since "moving from a near-failed state in 2003 to a relatively well-functioning market economy in 2014". In 2007, the World Bank named Georgia the World's number one economic reformer.

<span class="mw-page-title-main">Gross domestic product</span> Market value of goods and services produced within a country

Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic health of a country or region. Several national and international economic organizations maintain definitions of GDP, such as the OECD and the International Monetary Fund.

A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product (GDP), Gross national income (GNI), net national income (NNI), and adjusted national income. All are specially concerned with counting the total amount of goods and services produced within the economy and by various sectors. The boundary is usually defined by geography or citizenship, and it is also defined as the total income of the nation and also restrict the goods and services that are counted. For instance, some measures count only goods & services that are exchanged for money, excluding bartered goods, while other measures may attempt to include bartered goods by imputing monetary values to them.

An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. One application of economic indicators is the study of business cycles. Economic indicators include various indices, earnings reports, and economic summaries: for example, the unemployment rate, quits rate, housing starts, consumer price index, inverted yield curve, consumer leverage ratio, industrial production, bankruptcies, gross domestic product, broadband internet penetration, retail sales, price index, and changes in credit conditions.

<span class="mw-page-title-main">World economy</span> Economy of the world

The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production, consumption, economic management, work in general, financial transactions and trade of goods and services. In some contexts, the two terms are distinct: the "international" or "global economy" is measured separately and distinguished from national economies, while the "world economy" is simply an aggregate of the separate countries' measurements. Beyond the minimum standard concerning value in production, use and exchange, the definitions, representations, models and valuations of the world economy vary widely. It is inseparable from the geography and ecology of planet Earth.

<span class="mw-page-title-main">Genuine progress indicator</span> Enhances Economic / Well-Being indicators

Genuine progress indicator (GPI) is a metric that has been suggested to replace, or supplement, gross domestic product (GDP). The GPI is designed to take fuller account of the well-being of a nation, only a part of which pertains to the size of the nation's economy, by incorporating environmental and social factors which are not measured by GDP. For instance, some models of GPI decrease in value when the poverty rate increases. The GPI separates the concept of societal progress from economic growth.

The national income and product accounts (NIPA) are part of the national accounts of the United States. They are produced by the Bureau of Economic Analysis of the Department of Commerce. They are one of the main sources of data on general economic activity in the United States.

The PCE price index (PePP), also referred to as the PCE deflator, PCE price deflator, or the Implicit Price Deflator for Personal Consumption Expenditures by the Bureau of Economic Analysis (BEA) and as the Chain-type Price Index for Personal Consumption Expenditures (CTPIPCE) by the Federal Open Market Committee (FOMC), is a United States-wide indicator of the average increase in prices for all domestic personal consumption. It is benchmarked to a base of 2012 = 100. Using a variety of data including U.S. Consumer Price Index and Producer Price Index prices, it is derived from the largest component of the GDP in the BEA's National Income and Product Accounts, personal consumption expenditures.

<span class="mw-page-title-main">Gross national income</span> Total domestic and foreign economic output claimed by residents of a country

The gross national income (GNI), previously known as gross national product (GNP), is the total amount of factor incomes earned by the residents of a country. It is equal to gross domestic product (GDP), plus factor incomes received from non-resident by residents, minus factor income paid by residents to non-resident.

<span class="mw-page-title-main">Net international investment position</span> Concept in economics

The net international investment position (NIIP) is the difference between the external financial assets and liabilities of a country. External debt of a country includes government debt and private debt. External assets publicly and privately held by a country's legal residents are also taken into account when calculating NIIP. Commodities and currencies tend to follow a cyclical pattern of significant valuation changes, which is also reflected in NIIP.

<span class="mw-page-title-main">Salt Lake City metropolitan area</span> Metropolitan area in Salt Lake and Tooele counties in Utah, United States

The Salt Lake City metropolitan area is the metropolitan area centered on the city of Salt Lake City, Utah. The Office of Management and Budget and the United States Census Bureau currently define the Salt Lake City, Utah Metropolitan Statistical Area (MSA) as comprising two counties: Salt Lake and Tooele. As of the 2020 census, the MSA had a population of 1,257,936. The Salt Lake City Metropolitan Area and the Ogden-Clearfield Metropolitan Area were a single metropolitan area known as the Salt Lake City-Ogden Metropolitan Area until being separated in 2005.

<span class="mw-page-title-main">Financial position of the United States</span>

The financial position of the United States includes assets of at least $269 trillion and debts of $145.8 trillion to produce a net worth of at least $123.8 trillion. GDP in 2014 Q1 decline was due to foreclosures and increased rates of household saving. There were significant declines in debt to GDP in each sector except the government, which ran large deficits to offset deleveraging or debt reduction in other sectors.

<span class="mw-page-title-main">Historical GDP of China</span> Overview of economic growth and decline in the East Asian country

This article includes a list of China's historical gross domestic product (GDP) values, the market value of all final goods and services produced by a nation in a given year. The GDP dollar estimates presented here are either calculated at market or government official exchange rates (nominal), or derived from purchasing power parity (PPP) calculations. This article also includes historical GDP growth.

<span class="mw-page-title-main">Manufacturing in the United States</span>

Manufacturing is a vital economic sector in the United States of America. The United States is the world's second-largest manufacturer after the People's Republic of China with a record high real output in 2021 of $2.5 trillion.

<span class="mw-page-title-main">Northern California megaregion</span> Megaregion of the United States in California

The Northern California megaregion, distinct from Northern California, is an urbanized region of California consisting of many large cities including San Jose, San Francisco, Sacramento, and Oakland. There are varying definitions of the megaregion, but it is generally seen as encompassing the San Francisco Bay Area, the Sacramento area, northern San Joaquin Valley, and the Monterey Bay Area.

<span class="mw-page-title-main">Sustainable Development Goal 8</span> Global goal to promote decent work and economic growth by 2030

Sustainable Development Goal 8 is about "decent work and economic growth" and is one of the 17 Sustainable Development Goals which were established by the United Nations General Assembly in 2015. The full title is to "Foster sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all." Progress towards targets will be measured, monitored and evaluated by 17 indicators.

References

  1. "Gross Domestic Product". fred.stlouisfed.org. 2024-09-26. Retrieved 2025-01-27.
  2. "Gross Domestic Product". fred.stlouisfed.org. 2024-09-26. Retrieved 2025-01-27.
  3. "Real Gross Domestic Product". fred.stlouisfed.org. 2024-09-26. Retrieved 2025-01-27.
  4. "Real Gross Domestic Product, Annual Change". fred.stlouisfed.org. 2024-09-26. Retrieved 2025-01-27.
  5. "Inflation, consumer prices for the United States". fred.stlouisfed.org. 2024-09-19. Retrieved 2025-01-27.
  6. "Gross domestic product per capita". fred.stlouisfed.org. 2024-09-26. Retrieved 2025-01-27.
  7. "Real Median Personal Income in the United States". fred.stlouisfed.org. 2024-09-10. Retrieved 2025-01-27.
  8. "Households; Net Worth, Level". fred.stlouisfed.org. 2024-12-12. Retrieved 2025-01-27.
  9. 1 2 3 4 "Budget FY 2024 - Historical Tables, Budget of the United States Government, Fiscal Year 2024". www.govinfo.gov. Retrieved 2025-01-27.
  10. "Gross Federal Debt". fred.stlouisfed.org. 2024-03-21. Retrieved 2025-01-27.
  11. "Gross Federal Debt as Percent of Gross Domestic Product". fred.stlouisfed.org. 2024-09-26. Retrieved 2025-01-27.
  12. "Federal Outlays: Interest". fred.stlouisfed.org. 2024-10-18. Retrieved 2025-01-27.
  13. "Federal Outlays: Interest as Percent of Gross Domestic Product". fred.stlouisfed.org. 2024-10-18. Retrieved 2025-01-27.
  14. "Federal Funds Effective Rate". fred.stlouisfed.org. 2025-01-02. Retrieved 2025-01-27.
  15. "Exports of Goods and Services". fred.stlouisfed.org. 2024-09-26. Retrieved 2025-01-27.
  16. "Imports of Goods and Services". fred.stlouisfed.org. 2024-09-26. Retrieved 2025-01-27.
  17. "Net exports of goods and services". fred.stlouisfed.org. 2024-09-26. Retrieved 2025-01-27.
  18. "Balance on current account". fred.stlouisfed.org. 2024-06-20. Retrieved 2025-01-27.
  19. "Foreign direct investment, net inflows (BoP, current US$) - United States". World Bank Open Data. Retrieved 2025-01-27.
  20. "Foreign direct investment, net outflows (BoP, current US$) - United States". World Bank Open Data. Retrieved 2025-01-27.
  21. "U.S. Net International Investment Position". fred.stlouisfed.org. 2024-06-26. Retrieved 2025-01-27.
  22. "Total Business Sales". fred.stlouisfed.org. 2025-01-16. Retrieved 2025-01-27.
  23. "Corporate business: Profits before tax (without IVA and CCAdj)". fred.stlouisfed.org. 2024-09-26. Retrieved 2025-01-27.
  24. "Net domestic investment: Private: Domestic business". fred.stlouisfed.org. 2024-09-26. Retrieved 2025-01-27.
  25. "Business Applications: Total for All NAICS in the United States". fred.stlouisfed.org. 2025-01-10. Retrieved 2025-01-27.
  26. "Business bankruptcies U.S. 2000-2023 | Statista". Statista. Archived from the original on 2025-01-20. Retrieved 2025-01-27.
  27. "Market capitalization of listed domestic companies (current US$) - United States". World Bank Open Data. Retrieved 2025-01-27.
  28. "Population". fred.stlouisfed.org. 2024-01-25. Retrieved 2025-01-27.
  29. 1 2 3 4 5 6 7 "Employment status of the civilian noninstitutional population, last 70 years". Bureau of Labor Statistics. Retrieved 2025-01-27.
  30. "Private Nonfarm Business Sector: Labor Productivity". fred.stlouisfed.org. 2024-12-04. Retrieved 2025-01-27.
  31. "Farm output". fred.stlouisfed.org. 2024-10-02. Retrieved 2025-01-27.
  32. "Cereal production, 1961 to 2022". Our World in Data.
  33. "Fruit production, 1961 to 2022". Our World in Data.
  34. "Vegetable production, 1961 to 2022". Our World in Data.
  35. "Total meat production, 1961 to 2022". Our World in Data.
  36. "Per capita kilocalorie supply from all foods per day, 1961 to 2021". Our World in Data.
  37. "Industrial Production: Total Index". fred.stlouisfed.org. 2025-01-17. Retrieved 2025-01-27.
  38. "Capacity Utilization: Total Index". fred.stlouisfed.org. 2025-01-17. Retrieved 2025-01-27.
  39. "All Employees, Manufacturing". fred.stlouisfed.org. 2025-01-10. Retrieved 2025-01-27.
  40. Ward's: World Motor Vehicle Data 2007. Wards Communications, Southfield MI 2007, ISBN   0-910589-53-4
  41. "Production Statistics | www.oica.net". www.oica.net. Retrieved 2025-01-27.
  42. "Data". worldsteel.org. Retrieved 2025-01-27.
  43. "Oil production". Our World in Data. Archived from the original on 2025-01-17. Retrieved 2025-01-27.
  44. Ritchie, Hannah; Rosado, Pablo; Roser, Max (2020-07-10). "Energy Production and Consumption". Our World in Data.