{"id":5330,"date":"2014-04-28T09:01:13","date_gmt":"2014-04-28T15:01:13","guid":{"rendered":"http:\/\/www.regiontrack.com\/www\/?p=5330"},"modified":"2014-04-28T09:01:13","modified_gmt":"2014-04-28T15:01:13","slug":"pic-of-the-week-which-industries-are-driving-u-s-gdp-growth-4282014","status":"publish","type":"post","link":"https:\/\/www.regiontrack.com\/www\/pic-of-the-week-which-industries-are-driving-u-s-gdp-growth-4282014\/","title":{"rendered":"Pic-of-the-Week: Which Industries are Driving U.S. GDP Growth? (4\/28\/2014)"},"content":{"rendered":"<p><span style=\"color: #000000;\"><em><strong>Broad-Based Growth -\u00c2\u00a0<\/strong><\/em><\/span>The recent release of <a title=\"BEA Quarterly GDP\" href=\"http:\/\/www.bea.gov\/newsreleases\/industry\/gdpindustry\/gdpindnewsrelease.htm\" target=\"_blank\">quarterly Gross Domestic Product<\/a> estimates <em>by industry<\/em> provide some helpful insight into the industry-level growth patterns driving U.S. economic activity. This week&#8217;s chart illustrates real GDP growth rates for the U.S. by industry in 2013.<\/p>\n<p>So, which industries are driving growth? Currently, with the exception of government, <!--more-->most of them are. Growth is probably much more broad-based than you might suspect given the disappointing pace of growth in overall GDP since 2008. Agriculture continues to lead the way with a 16.4% gain, benefiting from continued high crop and livestock prices. But nearly all other industry sectors posted a 1% gain or better in 2013.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png\" alt=\"U.S. GDP growth by industry (2013)\" \/><\/p>\n<p>The group of lagging industries continues to be led by the Federal Government and State and Local Government sectors. Other weak industries include (private) Educational Services and Other Services.<\/p>\n<p>Despite weak overall growth of 1.9% in 2013, the industry pattern suggests broad growth with few problem sectors remaining other than Government.<\/p>\n<div align=\"center\"><a title=\"Sign up for our Pic-of-the-Week\" href=\"http:\/\/www.regiontrack.com\/www\/pick-of-the-week-web-signup\/\" target=\"_blank\">Sign up<\/a> to receive RegionTrack&#8217;s PIC OF THE WEEK!<br \/>\n[email_link]<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Broad-Based Growth -\u00c2\u00a0The recent release of quarterly Gross Domestic Product estimates by industry provide some helpful insight into the industry-level growth patterns driving U.S. economic activity. This week&#8217;s chart illustrates real GDP growth rates for the U.S. by industry in 2013. So, which industries are driving growth? Currently, with the exception of government,<\/p>\n","protected":false},"author":1,"featured_media":5338,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","om_disable_all_campaigns":false,"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[9,13,1],"tags":[37,56,61],"post_series":[],"class_list":["post-5330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-graphic","category-pic-of-the-week","category-uncategorized","tag-economic-growth","tag-gdp","tag-industries","entry","has-media"],"aioseo_notices":[],"uagb_featured_image_src":{"full":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png",1075,679,false],"thumbnail":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281-150x150.png",150,150,true],"medium":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281-300x189.png",300,189,true],"medium_large":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281-768x485.png",768,485,true],"large":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281-1024x647.png",980,619,true],"1536x1536":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png",1075,679,false],"2048x2048":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png",1075,679,false],"lightbox":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png",1075,679,false],"search_results":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png",125,79,false],"blog_entry":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281-250x150.png",250,150,true],"blog_post":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png",1075,679,false],"blog_post_full":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png",1075,679,false],"blog_related":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png",1075,679,false],"portfolio_entry":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png",1075,679,false],"portfolio_post":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png",1075,679,false],"portfolio_related":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png",1075,679,false],"staff_entry":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png",1075,679,false],"staff_post":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png",1075,679,false],"staff_related":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png",1075,679,false],"testimonials_entry":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png",1075,679,false],"testimonials_post":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png",1075,679,false],"gallery":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_201404281.png",1075,679,false]},"uagb_author_info":{"display_name":"mcsnead","author_link":"https:\/\/www.regiontrack.com\/www\/author\/mcsnead\/"},"uagb_comment_info":0,"uagb_excerpt":"Broad-Based Growth -\u00c2\u00a0The recent release of quarterly Gross Domestic Product estimates by industry provide some helpful insight into the industry-level growth patterns driving U.S. economic activity. This week&#8217;s chart illustrates real GDP growth rates for the U.S. by industry in 2013. So, which industries are driving growth? Currently, with the exception of government,","_links":{"self":[{"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/posts\/5330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/comments?post=5330"}],"version-history":[{"count":0,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/posts\/5330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/media\/5338"}],"wp:attachment":[{"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/media?parent=5330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/categories?post=5330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/tags?post=5330"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/post_series?post=5330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}