April 23, 2018
Durable goods manufacturing; construction; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2017. Overall, 16 of 22 industry groups contributed to the 2.9 percent increase in real GDP in the fourth quarter.
- Durable goods manufacturing increased 7.2 percent in the fourth quarter, after increasing 7.5 percent in the third quarter.
- Construction increased 8.5 percent, after decreasing 1.2 percent.
- Professional, scientific, and technical services increased 4.2 percent, after increasing 2.7 percent.
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