February 21, 2019
Wholesale trade; information; and finance and insurance were the leading contributors to the increase in U.S. economic growth in the third quarter of 2018. Overall, 19 of 22 industry groups contributed to the 3.4 percent increase in real GDP in the third quarter.
- Wholesale trade increased 7.4 percent in the third quarter, after increasing 2.6 percent in the second quarter.
- Information services increased 7.6 percent, after increasing 13.4 percent.
- Finance and insurance increased 5.5 percent, after decreasing 2.0 percent.
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