Real Estate and Rental and Leasing Led Growth in the First Quarter

Real estate and rental and leasing; mining; and durable goods manufacturing were the leading contributors to the increase in U.S. economic growth in the first quarter of 2017. Overall, 13 of 22 industry groups contributed to the 1.4 percent increase in real GDP in the first quarter.

GDP By sector

  • Real estate and rental and leasing increased 2.7 percent in the first quarter, after increasing 0.9 percent in the fourth quarter.
  • Mining increased 21.6 percent, after increasing 5.2 percent.
  • Durable goods manufacturing increased 4.4 percent, after increasing 0.7 percent.

GDP by Industry July 21

For more information, read the full report.

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