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Real Estate
Jing Fu

Economic Growth Decelerates in the Third Quarter of 2021

By Jing Fu on October 28, 2021 • Real GDP growth slowed to a moderate pace in the third quarter of 2021, as supply-chain disruptions continued, the cost of living rose, and 4.3 million workers quit their jobs. According to the “advance” estimate  released by

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Real Estate
Danushka Nanayakkara-Skillington

State-Level GDP in the Second Quarter of 2021

Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the second quarter of 2021 compared to the first quarter of 2021. According to the U.S. Bureau of Economic Analysis (BEA), the percent change increase in real GDP ranged from

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Real Estate
Danushka Nanayakkara-Skillington

State-Level GDP in the First Quarter of 2021

By Danushka Nanayakkara-Skillington on June 28, 2021 • Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the first quarter of 2021 compared to the last quarter of 2020. According to the U.S. Bureau of Economic Analysis (BEA), the

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Real Estate
Jing Fu

Strong Gain for Consumption in the First Quarter of 2021

By Jing Fu on April 29, 2021 • In the first quarter of 2021, real GDP surged and approached its pre-pandemic level as the economy continued to reopen. This quarter’s growth reflected strong gains for consumer and government spending. According to the “advance” estimate  released

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Real Estate
Danushka Nanayakkara-Skillington

State-Level GDP in 2020

By Danushka Nanayakkara-Skillington on March 29, 2021 • Real gross domestic product (GDP) decreased in all 50 states and the District of Columbia in 2020 compared to 2019 as a result of widespread economic shutdown due to COVID-19. According to the U.S. Bureau of Economic Analysis

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