Which are the stronger sectors in the United States (GDP)?

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In summary, the conversation discusses the most profitable sectors in the USA that contribute to a high GDP. The sectors mentioned include manufacturing, tourism, high fashion, cars, and food brands. The lack of a strong presence in the technological sector is also mentioned. There is a suggestion to check for more information on the Bureau of Economic Analysis website. It is concluded that the most profitable sectors in the USA are the manufacturing and financial sectors.
  • #1
Grands
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Hi.
Does someone that know more about US economy can help me in answering this question?

Which are the most profitable sectors in the USA that create a so high GDP?
The manufactural one ?

For example my country ( Italy) have a great tourism sector, almost in every periodo f the year people came to visit Italy.

We have;
A good high fashion sector: Armani, Prada, Gucci, Dolce e Gabbana etc... so a manufacturer sector.
Cars: Ferrari, Alfa Romeo, Fiat, although fiat cars are cheap and have low quality, one of the worst world car.
Food Brands: Parmigiano Reggiano, Grana Padano, Barilla, Buitoni, De Cecco...etc...

We lack the technological part, we don't have an italian mobile phone or a computer, even thought we had Olivetti.
 
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  • #4
It seems that the best are the manufactural one and the financial one, it is?
 

Related to Which are the stronger sectors in the United States (GDP)?

What is GDP and why is it important to determine the strongest sectors in the United States?

GDP stands for Gross Domestic Product, which is the total value of all goods and services produced within a country's borders in a given period of time. It is an important measure of a country's economic health and can help determine which sectors are contributing the most to the overall economy.

What are the top sectors in the United States in terms of GDP?

The top sectors in the United States in terms of GDP are typically healthcare, finance and insurance, real estate, manufacturing, and professional and business services. These sectors have consistently shown strong growth and contribute significantly to the overall GDP.

How do fluctuations in the GDP affect the strongest sectors in the United States?

Fluctuations in the GDP can have a significant impact on the strongest sectors in the United States. During times of economic growth, these sectors tend to see increased demand and higher profits. However, during economic downturns, these sectors may experience a decline in demand and profits.

Are there any emerging sectors that are becoming stronger in the United States?

Yes, there are several emerging sectors that are becoming stronger in the United States, including technology, renewable energy, and e-commerce. These sectors have shown significant growth in recent years and are expected to continue to contribute to the overall GDP in the future.

How does the strength of different sectors in the United States impact the overall economy?

The strength of different sectors in the United States can have a significant impact on the overall economy. If one sector is struggling, it can drag down the overall GDP and potentially lead to a recession. However, if multiple sectors are performing well, it can contribute to a strong and stable economy.

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