July 20, 2018

Real estate and rental and leasing; information; and nondurable goods manufacturing were the leading contributors to the increase in U.S. economic growth in the first quarter of 2018. Overall, 14 of 22 industry groups contributed to the 2.0 percent increase in real GDP in the first quarter.

  • Real estate and rental and leasing increased 3.3 percent in the first quarter, after increasing 1.9 percent in the fourth quarter.
  • Information services increased 6.8 percent, after decreasing 0.2 percent.
  • Nondurable goods manufacturing increased 3.8 percent, after increasing 3.1 percent.
Chart of Real Value Added by Industry

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