Transportation Services Contributed 6.5% to U.S. GDP in 2023; a ...

Dec 9, 2024 · Transportation services (for-hire, in-house, and household) contributed $1.8 trillion (6.5%) to an enhanced U.S. gross domestic product (GDP) of $28.2 trillion in 2023—as measured by the Bureau of Transportation Statistics' (BTS) Transportation Satellite Accounts (TSAs). …

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Transportation Services Contributed 6.5% To U.S. GDP In 2023; A ...

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In 2023, Transportation Services Contributed 6.5% To U.S. Gross ...

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Dec 9, 2024 · Bureau of Transportation Statistics (BTS) (@bts_usdot). In 2023, transportation services contributed 6.5% to U.S. Gross Domestic Product #GDP; a decrease of 0.1% from …

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Transportation Services Contributed 6.7% To U.S. GDP In 2022; …

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Apr 3, 2024 · Transportation contributed $1.7 trillion (6.7%) to the economy in 2022. Transportation services (for-hire, in-house, and household) contributed $1.7 trillion (6.7%) to …

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Transportation Services Contributed 5.6% To U.S. GDP In 2021; An ...

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Nov 17, 2022 · The contribution of in-house air, rail, water, and truck transportation rose 0.1 percentage points (from 0.9% in 2020 to 1.0% in 2021); bringing in-house transportation’s …

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FAQs about Transportation Services Contributed 6.5% to U.S. GDP in 2023; a ... Coupon?

Which industries contribute the most to GDP in 2023?

In 2023, the finance, insurance, real estate, rental, and leasing industry contributed the highest amount of value to the GDP of the U.S. at 20.7 percent. The construction industry contributed around four percent of GDP in the same year. Get notified via email when this statistic is updated. * For commercial use only ...

What is the GDP from transport in the United States?

GDP From Transport in the United States averaged 485.50 USD Billion from 2005 until 2019, reaching an all time high of 560.40 USD Billion in the second quarter of 2019 and a record low of 429.60 USD Billion in the first quarter of 2005. source: U.S. Bureau of Economic Analysis (BEA) ...

Which industry groups contributed to the second-quarter increase in real GDP?

Private goods-producing industries increased 6.9 percent, private services-producing industries increased 2.4 percent, and government increased 0.8 percent (table 12). Overall, 16 of 22 industry groups contributed to the second-quarter increase in real GDP. ...

How much does the US economy add to the national GDP?

In that year, this industry added 3.14 trillion U.S. dollars to the national GDP. Gross domestic product is a measure of how much a country produces in a certain amount of time. Countries with a high GDP tend to have large economies, for example, the United States. ...

How much do private service-producing industries contribute to the US economy?

Industry-specific and extensively researched technical data (partially from exclusive partnerships). A paid subscription is required for full access. In 2022, private service-producing industries added a value of 17.93 trillion U.S. dollars to the gross domestic product of the United States. ...

How much does government contribute to GDP?

Figures may not add up to the total due to rounding. State and local government spending, largely focused on the education and public welfare sectors, accounts for the bulk of value added. The Federal contribution to GDP amounts to roughly $948 billion, with 52% of it attributed to national defense. ...