January 19, 2017
Finance and insurance; wholesale trade; and information services were the leading contributors to the increase in U.S. economic growth in the third quarter of 2016. Overall, 20 of 22 industry groups contributed to the 3.5 percent increase in real GDP in the third quarter.
- Finance and insurance increased 9.0 percent in the third quarter, after decreasing 0.1 percent in the second quarter.
- Wholesale trade increased 8.3 percent, after increasing 1.0 percent.
- Information services increased 8.6 percent, after decreasing 0.2 percent.
For more information, read the full report.