GDP!!!! by Aslan Allen

Best Sectors of GDP in US

aslanallen — 2024-03-21 20:13:32 UTC

The 2 sectors that are considered the best would have to be the professional and business services, they have 3.5 trillion dollars in value added. And in 3rd place we have real estate, one of the most important parts of our economy at a value of 3.3 trillion dollars.

GDP per capita

aslanallen — 2024-03-21 20:14:44 UTC

80,412.41

US Annual growth rate/chance 2024

aslanallen — 2024-03-21 20:15:27 UTC

currently sitting at a very positive 5.9%

California #1

aslanallen — 2024-03-21 20:18:59 UTC

3,598,103

Texas #2

aslanallen — 2024-03-21 20:19:40 UTC

2,355,960

New York #3

aslanallen — 2024-03-21 20:20:08 UTC

2,053,180

Florida #4

aslanallen — 2024-03-21 20:20:27 UTC

1,389,070

Illinois #5

aslanallen — 2024-03-21 20:20:49 UTC

1,033,310

Colorado #15

aslanallen — 2024-03-21 20:21:10 UTC

484,372

US Rank in GDP vs other countries

aslanallen — 2024-03-21 20:28:07 UTC

A steamroll, US is #1 by around 8 trillion dollars

What do we focus on more than other countries

aslanallen — 2024-03-21 20:31:18 UTC

Pretty easily that's consumer spending, which is what makes our GDP so high

Sector that contribute the least

aslanallen — 2024-03-21 20:33:32 UTC

Agriculture for 0.96%

Sectors falling behind

aslanallen — 2024-03-21 20:36:25 UTC

Retail, restaurant, travel and tourism

Pain points in the economy

aslanallen — 2024-03-21 20:43:14 UTC

The easiest and only one I can think of is the natural flow of infllation

Thoughts

aslanallen — 2024-03-21 20:44:29 UTC

To be honest due to all the military activity I wasn't expecting Colorado to contribute not nearly as much as the higher ups. California is relatively reasonable but I cant put my finger on what Texas could be doing.

Recent gain

aslanallen — 2024-03-21 20:45:22 UTC

The US has seen amazing gains recently due to the low unemployment rate. It continues to rise and hasn't shown any sign of taking a bad turn either.

aslanallen — 2024-03-21 20:48:10 UTC

aslanallen — 2024-03-21 20:48:42 UTC

Explaining US GDP

aslanallen — 2024-03-21 20:50:46 UTC