Retail Trade Led Growth in the Third Quarter Gross Domestic Product by Industry

Retail trade; health care and social assistance; and agriculture, forestry, fishing, and hunting were the leading contributors to the increase in U.S. economic growth in the third quarter of 2015. Overall, 15 of 22 industry groups contributed to the 2.0 percent increase in real GDP in the third quarter.

Real GDP Jan 21

  • Retail trade increased 7.1 percent in the third quarter, after increasing 3.7 percent in the second quarter.
  • Health care and social assistance increased 5.5 percent, after increasing 2.1 percent.
  • Agriculture, forestry, fishing, and hunting increased 37.5 percent, after decreasing 3.9 percent.Real Value Jan 21

For more information, read the full report.

 


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