January 19, 2018

Finance and insurance; durable goods manufacturing; and information services were the leading contributors to the increase in U.S. economic growth in the third quarter of 2017. Overall, 18 of 22 industry groups contributed to the 3.2 percent increase in real GDP in the third quarter.

Chart: Real GDP and Real Value Added by Sector
  • Finance and insurance increased 14.7 percent in the third quarter, after decreasing 6.6 percent in the second quarter.
  • Durable goods manufacturing increased 7.5 percent, after increasing 2.9 percent.
  • Information services increased 9.0 percent, after increasing 7.0 percent.
Chart: Real Value Added by Industry

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