Oct
02

Enormous Economy

The size of the US economy is $19 trillion. The 28 nations in the EU share a $17 trillion economy and China’s GDP is about $12 trillion. This year, the US economy will grow about 3.1%; that will add $590 billion to GDP. That increase is as large as the GDP of Taiwan, almost as big as Argentina, and would rank as the 22nd largest nation in the world.

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