U.S. Outlook: Financial sector catches wave of growth
New data on 2013 growth gives us new detail about economic winners by industry and metro region.
For more on this and other economic developments to watch, see highlights of my weekly economic analysis below, followed by a link to the full U.S. Outlook report, delivered on Sept. 19.Key observations:
- As an industry, financial services contributed the most toward real GDP growth.
- 2 major metros beat the national average GDP growth in 2013.
- California has 18 winning markets for the year.
- There were 7 losers in financial services for 2013.