January 22, 2015
Real gross domestic product (GDP) increased at an annual rate of 5.0 percent in the third quarter of 2014, reflecting positive contributions from 20 of 22 industry groups. The private goods- and services-producing industries, as well as the government sector, contributed to the increase.
- The leading contributors to the increase were finance and insurance; mining; and real estate and rental and leasing.
- Finance and insurance real value added increased 21.2 percent in the third quarter, after increasing 6.0 percent.
- Mining increased 25.6 percent, after increasing 11.5 percent.
- Real estate and rental and leasing increased 4.4 percent, after increasing 0.9 percent.