User:Mcnabber091/Economy of the United States

United States

Population was 313.91 million in 2012.[1]

GDP was $16.245 billion in 2012.[2]

GDP per capita was $51,749 in 2012.[3]

PPP GDP per capita was $51,749 in in 2012.[4]

GDP growth rate was 2.8% in 2012.[5]

Regions edit

There are 50 states in the United States.

Top ten regions by population

RankRegionPopulation 2013[6]GDP $ billions 2013[7]GDP per capita $ ____GDP growth rate ____
1California38,332,5212,051
2Texas26,448,1931,388
3New York19,6511271,267
4Florida19,552,860751
5Illinois12,882,135671
6Pennsylvania12,773,801604
7Ohio11,570,808526
8Georgia9,992,167425
9Michigan9,895,622408
10North Carolina9,848,060440
  • List of United States states by population

Cities edit

Top 10 cities by population in 2011

RankCityPopulation 2011[8]GDP $ billions 2011GDP per capita $ billions ____GDP growth rate ____
1New York, NY8,244,9101,317*
2Los Angeles, CA3,819,702732*
3Chicago, IL2,707,120548*
4Houston, TX2,145,146425*
5Philadelphia, PH1,536,471352*
6Phoenix, AZ1,469,471192*
7San Antonio, TX1,359,75887*
8San Diego, CA1,359,758169*
9Dallas TX1,223,229399*
10San Jose, CA967,487167*

GDP based on metropolitan area*. New York: New York-Newark-Jersey City. Los Angeles: Los Angeles-Long Beach-Anaheim. Chicago: Chicago-Naperville-Elgin. Houston: Houston-The Woodlands-Sugar Land. Philadelphia: Philadelphia-Camden-Wilmington. Pheonix: Pheonix-Mesa-Scottsdale. San Antonio: San Antonio-New Braufels. San Diego: San Diego-Carlsbad. Dallas: Dallas-Fort Worth-Arlington. San Jose: San Jose-Sunyvale-Santa Clara.

  • List of United States cities by population

Industries edit

Industries by GDP in 2013[9]

IndustryGDP $ billions 2013% of total GDP
Real estate and rental leasing2,178,61413.04%
Government2,087,58912.50%
Health care and social assistance1,200,9387.19%
Professional, scientific and technical services1,172,1077.02%
Finance and insurance1,114,5946.67%
Durable manufacturing1,096,4376.56%
Wholesale trade998,6855.98%
Non-durable manufacturing983,0815.89%
Retail trade956,3025.73%
Information802,3784.80%
Construction611,3743.66%
Administrative and waste management505,3403.03%
Transportation and warehousing490,2572.94%
Agriculture469,0992.81%
Mining449,3522.69%
Accommodation and food services360,6302.16%
Management of companies and enterprises327,8911.96%
Utilities287,0681.72%
Educational service187,0771.12%
Arts, entertainment and recreation162,5480.97%
Total16,701,415100%

Employment edit

The unemployment rate was 8.1% in 2012.[10]

Non-farm employment by industry in May 2014[11]

IndustryEmployment thousands May 2014Percent of total employment
Government21,86915.79%
Health care and social assistance18,03013.02%
Retail trade15,31911.06%
Accommodation and good services12,4989.03%
Administrative and waste services8,6956.28%
Professional and technical services8,3166.01%
Financial activities7,9195.72%
Durable manufacturing7,6365.51%
Construction6,0044.34%
Wholesale trade5,8634.23%
Other services5,5113.98%
Transportation and warehousing4,5993.32%
Non-durable manufacturing4,4633.22%
Education services3,4012.46%
Information2,6551.92%
Management of companies and enterprises2,1341.54%
Arts, entertainment and recreation2,0901.51%
Real estate and rental and leasing2,0431.48%
Mining8510.62%
Utilities5510.40%
Logging540.04%
Total138,463100%

Corporations edit

Top 10 corporations by revenue in 2013[12]

RankCorporationRevenue $ millions 2013Profit $ millions 2013Assets $ millions 2013Liabilities $ millions 2013Equity $ millions 2013Market Cap $ millions (Mar. 31, 2014)Employees ____HeadquartersIndustry
1Wal-Mart Stores476,29416,022204,75176,255246,806Bentonville,ARRetail
2Exxon Mobile407,66632,580346,808174,003422,099Irving, TXOil and Gas
3Chevron220,35621,423253,753149,113227,015San Ramon, CAEnergy
4Berkshire Hathaway182,15019,476484,931221,890308,003Omaha, NEDiversified
5Apple170,91037,037207,000123,549479,069Cupertino, CATechnology
6Phillips 66161,1753,72649,79821,95045,282Houston, TXOil and Gas
7General Motors155,4275,346166,34442,60754,720Detroit, MIAuto
8Ford Motor146,9177,155202,02626,38361,524Detroit, MIAuto
9General Electric146,23113,057656,560130,566259,547Fairfield, CTDiversified
10Valero137,7582,72047,26019,46028,276San Antonio, TXOil and Gas
  • List of United States corporations by revenue

Households edit

The Gini Coefficient was 45.0 in 2007.[13]

The household wealth was $57.597 trillion (355% of GDP) in 2011.[14]

Consumer Assets in 2011[15]

Assets$ billions 2011Percent of total
Housing15,05623%
Pension assets12,48718%
Stocks and mutual fund shares11,87817%
Deposits and money market funds8,02911%
Non-corporate business entity7,36410%
Government and corporate bonds4,9947%
Consumer durables4,7437%
Non-profit tangible assets2,5094%
Other securities2,9764%
Total assets71,364100%

Consumer Liabilities in 2011[16]

Liabilities$ billions 2011Percent of total
Home mortgages (including lines of credit)9,88272%
Other debt3,88428%
Total liabilities13,767100%

Fiscal Budget edit

The central government ran a budget balance of -$1.297 trillion (8.35% of GDP) in the fiscal year 2011.[17]

The central government public debt was $9.035 trillion (61.3% of GDP) in 2010.[18]

The general government debt was $19.997 trillion (123.1% of GDP) in Q4 2012.[19]

The central government ten year bond interest rate was 2.71% in April 2014.[20]

The personal income tax rate in 2013[21] was:

  • 15% for the $8,925 tax bracket
  • 28% for the $87,850 tax bracket
  • 33% for the $183,250 tax bracket
  • 35% for the $398,350 tax bracket
  • 39.6% for the $400,000 tax bracket

The corporate income tax rate was 35% in 2014.[22]

The capital gains tax rate was ___% in _____.

Fiscal Revenue fiscal year 2011[23]

Revenue by SourceRevenue $ millions 2011 fiscal yearPercent of total revenue
Individual income taxes1,091,47347.40%
Social Security receipts818,79235.50%
Corporate taxes181,0857.80%
Misc. taxes101,8464.40%
Excise taxes72,3813.10%
Customs and duties29,5191.20%
Estate and gift taxes7,3990.30%
Total2,302,495100%

Fiscal Expenses fiscal year 2011[24]

Expense by departmentExpense $ millions fiscal year 2011Percent of total expenses
Health and Human Services891,24424.76%
Social Security Administration784,19421.79%
Defense-Military678,07318.84%
Treasury538,70214.97%
Agriculture139,3993.87%
Labor131,9733.67%
Veterans Affairs126,9173.53%
Transportation77,3022.15%
Office of Personal Management74,0912.06%
Education65,4861.82%
Housing and Urban Development57,0051.58%
Other Defense Civil Programs54,8621.52%
Homeland Security45,7441.27%
Energy31,3720.87%
Justice30,5180.85%
State24,3550.68%
International Assistance Programs24,3550.68%
National Aeronautics and Space Administration17,6170.49%
Other independent agencies14,4960.40%
Interior13,5290.38%
Environmental Protection Agency10,7700.30%
Corps of Engineers10,1380.28%
Commerce9,9300.28%
Judiciary7,2950.20%
National Science Foundation7,1460.20%
Small Business Administration6,1620.17%
Legislative4,5830.13%
General Services Administration1,8890.05%
Total3,599,285100%

Monetary Policy edit

The monetary base was $2.612 trillion (16.08% of GDP) December 2013.[25]

The benchmark interest rate was 0.25% in 2014.[26]

Total reserves were $574 as billion (3.53% of GDP) in 2012.[27]

The exchange rate was 1/USD in 2014.[28]

The inflation rate was 1.7% in 2012.[29]

Commercial Banks edit

Top ten banks by assets

RankBankAssets $ millions 12/31/13[30]Revenue $ millions 2013[31]Profit $ millions 2013[32]Liabilities $ millions 2013Equity $ millions 2013[33]Market Cap $ millions Mar. 31, 2014[34]Employees ___Headquarters[35]
1JPMorgan Chase & Co.2,415,689106,28317,923211,178229,793New York, NY
2Bank of America Corporation2,104,995101,69711,431232,685181,086Charlotte, NC
3Citigroup Inc.1,880,38293,62913,673204,339144,627New York, NY
4Wells Fargo & Company1,527,01588,06921,878170,142261,218San Francisco, CA
5The Goldman Sachs Group Inc.911,59540,8748,04078,46773,646New York, NY
6Morgan Stanley832,70236,8482,93265,92161,581New York, NY
7American International Group Inc.541,32968,6789,085100,47073,218New York, NY
8General Electric Capital Corporation523,973Fairfield, CT
9The Bank of New York Mellon Corporation374,31015,6912,11137,52140,056New York, NY
10U.S. Bancorp364,02121,0595,83641,11378,008Minneapolis, MN
  • List of financial institutions by assets

International Accounts edit

The trade balance was -$440.423 billion (2.71% of GDP) in 2012.

Exports were $1.579 trillion (9.72% of GDP) in 2013.[36]

Imports were $2.240 trillion(13.79% of GDP) in 2013.[37]

Foreign direct investment inflows were $2.651 trillion (16.32% of GDP) in 2012.[38]

Foreign direct investment outflows were $4.453 trillion (27.41% of GDP) in 2012.[39]

References edit

  1. ^ http://data.worldbank.org/indicator/SP.POP.TOTL
  2. ^ http://data.worldbank.org/indicator/NY.GDP.MKTP.CD
  3. ^ http://data.worldbank.org/indicator/SP.POP.TOTL
  4. ^ http://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD
  5. ^ http://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG
  6. ^ http://www.census.gov/popest/data/state/totals/2013/
  7. ^ http://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm
  8. ^ http://www.census.gov/popest/data/metro/totals/2013/index.html
  9. ^ http://www.bea.gov/iTable/index_regional.cfm
  10. ^ http://data.worldbank.org/indicator/SL.UEM.TOTL.ZS
  11. ^ http://www.bls.gov/news.release/empsit.t17.htm
  12. ^ http://fortune.com/fortune500/wal-mart-stores-inc-1/
  13. ^ https://www.cia.gov/library/publications/the-world-factbook/rankorder/2172rank.html
  14. ^ http://www.federalreserve.gov/releases/z1/20111208/z1r-5.pdf
  15. ^ http://www.federalreserve.gov/releases/z1/20111208/z1r-5.pdf
  16. ^ http://www.federalreserve.gov/releases/z1/20111208/z1r-5.pdf
  17. ^ http://www.treasury.gov/press-center/press-releases/Documents/101212%20Tables%202%20and%203.pdf
  18. ^ http://stats.oecd.org/
  19. ^ http://stats.oecd.org/
  20. ^ http://elibrary-data.imf.org/DataReport.aspx?c=1449311&d=33061&e=169393
  21. ^ http://stats.oecd.org/index.aspx?DataSetCode=TABLE_I1
  22. ^ http://www.oecd.org/tax/tax-policy/tax-database.htm#pir
  23. ^ http://www.treasury.gov/press-center/press-releases/Documents/101212%20Tables%202%20and%203.pdf
  24. ^ http://www.treasury.gov/press-center/press-releases/Documents/101212%20Tables%202%20and%203.pdf
  25. ^ https://www.cia.gov/library/publications/the-world-factbook/rankorder/2214rank.html?countryname=United%20States&countrycode=us&regionCode=noa&rank=4#us
  26. ^ http://www.bloomberg.com/quote/FDTR:IND
  27. ^ http://data.worldbank.org/indicator/FI.RES.TOTL.CD
  28. ^ https://www.cia.gov/library/publications/the-world-factbook/
  29. ^ http://data.worldbank.org/indicator/NY.GDP.DEFL.KD.ZG
  30. ^ http://www.ffiec.gov/nicpubweb/nicweb/top50form.aspx
  31. ^ http://fortune.com/fortune500/j-p-morgan-chase-co-18/
  32. ^ http://fortune.com/fortune500/j-p-morgan-chase-co-18/
  33. ^ http://fortune.com/fortune500/j-p-morgan-chase-co-18/
  34. ^ http://fortune.com/fortune500/j-p-morgan-chase-co-18/
  35. ^ http://fortune.com/fortune500/j-p-morgan-chase-co-18/
  36. ^ http://www.census.gov/foreign-trade/Press-Release/2013pr/aip/related_party/rp13.pdf
  37. ^ http://www.census.gov/foreign-trade/Press-Release/2013pr/aip/related_party/rp13.pdf
  38. ^ http://cdis.imf.org/Default.aspx
  39. ^ http://cdis.imf.org/Default.aspx