Industry Trends

BEA map showing third-quarter 2019 state-by-state change in GDP

Real GDP Increases in 49 States, BEA Data Shows

Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the third quarter of 2019, according to statistics released today by the U.S. Bureau of Economic Analysis. Texas’ GDP grew the most at 4 percent.

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A picture of two shipping containers crashing into each other. One shipping container has the American flag painted on it. The other has the Chinese flag painted on it.

Update on Phase One of US-China Trade Deal

Last week, the United States and China announced a preliminary Phase One trade deal. Despite indications that the two nations would sign the agreement on Friday, Dec. 13, U.S. Trade Representative Robert Lighthizer now indicates he expects the deal to be formally signed during the first week of January.

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A picture of two shipping containers crashing into each other. One shipping container has the American flag painted on it. The other has the Chinese flag painted on it.

China and US Announce Limited Trade Agreement

This morning, China announced it has agreed to initial steps of a trade deal with the United States in an effort to de-escalate the looming trade war that has dragged on for 19 months. China’s Vice Commerce Minister Wang Shouwen, spoke to…

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