Economy of the United States

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The economy of the United States is the world's largest national economy and the world's second-largest overall economy, the GDP of the European Union being approximately $2 trillion larger. The nominal GDP of the United States was estimated to be $21.4 trillion in 2019,^[1] approximately a quarter of nominal global GDP.^[2] Its GDP at purchasing power parity is the second-largest in the world, behind China. It has approximately a fifth of global GDP at purchasing power parity.^[2]

Economy Of The United States Media

Washburn and Moen Manufacturing Company in Worcester, Massachusetts, 1876
Oil wells in Los Angeles, 1905
Consolidated B-24 Liberators at the Consolidated-Vultee Plant in Fort Worth, Texas, 1943
McDonald's restaurant in Mount Pleasant, Iowa, 2008
Former president Donald Trump with automobile industry leaders, 2017
Midtown Manhattan, the world's largest central business district
Inflation* Deflation*
M2 money supply increases Year/Year
United States real quarterly GDP (annualized)
U.S. cumulative real (inflation-adjusted) GDP growth by US president (from Reagan to Obama)
Number of businesses by type (US Census Bureau, 2019)

References

↑ "World Economic Outlook Database, October 2019". IMF.org. International Monetary Fund.
↑ ^2.0 ^2.1 "Report for Selected Country Groups and Subjects (PPP valuation of country GDP)". IMF.

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