🌐 Entity

Economy of the United States

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Labor Market (2)
Employment (1)
Economy (1)
Economic Indicators (1)
Economic Forecast (1)
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Regional Crisis (1)

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economic data (3) · US economy (3) · labor market (2) · unemployment rate (2) · jobs (1) · unemployment (1) · February (1) · job loss (1) · nonfarm payrolls (1) · February 2024 (1) · job market (1) · labor statistics (1) · employment report (1) · job growth (1) · February jobs report (1) · Federal Reserve (1) · Winter Storms (1) · Economic Damage (1) · American East (1) · Supply Chain Disruption (1)

📖 Key Information

The United States has a highly developed diversified market-oriented economy. It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). As of 2025, it has the world's ninth-highest nominal GDP per capita and eleventh-highest GDP per capita by PPP. According to the World Bank, the U.S. accounted for 14.8% of the global aggregate GDP in 2024 in purchasing power parity terms and 26.2% in nominal terms.