October 29, 2019
Professional, scientific, and technical services; real estate and rental and leasing; and mining were the leading contributors to the increase in U.S. economic growth in the second quarter of 2019. The private goods‐ and services‐producing industries, as well as the government sector, contributed to the increase. Overall, 14 of 22 industry groups contributed to the 2.0 percent increase in real GDP in the second quarter.
- Professional, scientific, and technical services increased 7.4 percent in the second quarter, after increasing 8.0 percent in the first quarter.
- Real estate and rental and leasing increased 2.6 percent, after increasing 0.8 percent in the first quarter.
- Mining increased 23.5 percent, after increasing 26.0 percent.
For more information, read the full report.