Gross Domestic Product by Industry, 4th Quarter and Year 2019
Retail trade, finance and insurance, and utilities were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2019, according to gross domestic product (GDP) by industry statistics released by the Bureau of Economic Analysis. An increase in private services-producing industries was partly offset by a slight decrease in goods-producing industries; the government sector increased. Overall, 17 of 22 industry groups contributed to the 2.1 percent increase in real GDP in the fourth quarter. Full Text
Published April 06, 2020 at 06:00PM
Read more at bea.gov
Monday, 6 April 2020
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