January 9, 2020
Nondurable goods manufacturing; retail trade; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the third quarter of 2019. Overall, 17 of 22 industry groups contributed to the 2.1 percent increase in real GDP in the third quarter.
- Nondurable goods manufacturing increased 10.1 percent in the third quarter, after decreasing 0.3 percent in the second quarter.
- Retail trade increased 8.2 percent, after increasing 0.2 percent.
- Professional, scientific, and technical services increased 5.6 percent, after increasing 7.4 percent.
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