In 2023, the GDP of the United States grew about seven percent when compared to the previous year in chained 2017 U.S. dollars. The construction industry experienced the most significant growth, in value added to GDP at 12.9 percent. This was followed by the agriculture, forestry, fishing, and hunting industry.
Change in real value added to the gross domestic product of the United States in 2023, by industry
Industry
Percent change in value added compared to previous year
Other services, except government
12.9%
Construction
12.1%
Arts, entertainment, recreation, accommodation, and food services
10.1%
Finance, insurance, real estate, rental, and leasing
6%
Manufacturing
5.5%
Educational services, health care, and social assistance
Chained (2017) dollar series are calculated as the product of the chain-type quantity index and the 2017 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
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BEA. (September 27, 2024). Change in real value added to the gross domestic product of the United States in 2023, by industry [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/248019/change-in-real-value-added-to-the-us-gdp-by-industry/
BEA. "Change in real value added to the gross domestic product of the United States in 2023, by industry." Chart. September 27, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/248019/change-in-real-value-added-to-the-us-gdp-by-industry/
BEA. (2024). Change in real value added to the gross domestic product of the United States in 2023, by industry. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/248019/change-in-real-value-added-to-the-us-gdp-by-industry/
BEA. "Change in Real Value Added to The Gross Domestic Product of The United States in 2023, by Industry." Statista, Statista Inc., 27 Sep 2024, https://www.statista.com/statistics/248019/change-in-real-value-added-to-the-us-gdp-by-industry/
BEA, Change in real value added to the gross domestic product of the United States in 2023, by industry Statista, https://www.statista.com/statistics/248019/change-in-real-value-added-to-the-us-gdp-by-industry/ (last visited November 23, 2024)
Change in real value added to the gross domestic product of the United States in 2023, by industry [Graph], BEA, September 27, 2024. [Online]. Available: https://www.statista.com/statistics/248019/change-in-real-value-added-to-the-us-gdp-by-industry/
