U.S. Outlook: Financial sector catches wave of growth

Scott Anderson
Posted by Scott Anderson
Chief Economist

New data on 2013 growth gives us new detail about economic winners by industry and metro region.

Graph showing 2013 GDP growth contributions by sectorThe Bureau of Economic Analysis (BEA) published its first estimate of 2013 on Tuesday.

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.

Click here to read my full report.

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