What was GDP growth in 2009?
What was GDP growth in 2009?
-2.5%
2009 Overall In 2009, the GDP growth rate was -2.5%. In other words, the economy contracted 2.5%. 8 This measures the changes in real GDP from quarter to quarter.
What is the 2019 GDP growth rate?
In 2019 the real gross domestic product (GDP) of the United States increased by 2.2 percent compared to 2018.
What was the GDP growth rate in 2009 and in 2017?
The economy began growing in 2009 and averaged 2.2 percent annual growth from mid-2009 through the fourth quarter of 2017.
How did GDP change from 2008?
New statistics released today by the U.S. Bureau of Economic Analysis show that economic growth slowed in most states and regions of the U.S. in 2008 as economic growth overall slowed. Growth in real U.S. GDP by state slowed from 2.0 percent in 2007 to 0.7 percent in 2008.
What was the GDP in 2009?
15.36 trillion
Show:
| Date | Value |
|---|---|
| Dec 31, 2010 | 15.75 trillion |
| Dec 31, 2009 | 15.36 trillion |
| Dec 31, 2008 | 15.33 trillion |
| Dec 31, 2007 | 15.76 trillion |
What was GDP growth in first quarter of 2009?
In the first quarter of 2009, GDP growth was -4.4%. 11 The original estimate of -6.4% in first quarter 2009 was revised to -4.9% in 2010, -6.7% in 2011, -5.3% in 2012, and -5.4% in 2015. 12 Below is a closer look at the BEA’s 2009 estimates as it acquired more data throughout the year: The economy fell 6.1%, partly due to leaner inventories.
What was the GDP growth rate in 2019?
In 2019 the real gross domestic product (GDP) of the United States increased by 2.2 percent compared to 2018. This rate of annual growth is around the average for the 2010’s, although much lower than the rates of around three to five percent seen for much of the decade between 1995 and 2005.
What was the GDP growth rate in 2008?
U.S. GDP Growth Rate – Historical Data Year GDP Growth (%) Annual Change 2009 -2.54% -2.40% 2008 -0.14% -2.01% 2007 1.88% -0.98% 2006 2.86% -0.66%
What was the GDP growth rate in 1999?
U.S. GDP Growth Rate – Historical Data Year GDP Growth (%) Annual Change 2001 1.00% -3.13% 2000 4.13% -0.63% 1999 4.75% 0.27% 1998 4.48% 0.03%