GDP expands to 2.9% in Q4 2022 and unemployment declines showing signs of economic resilience. In general this means the economy is growing and unused human capital is being brought back into the market (Putting pressure on technology to expand US. labor capacity). How much the U.S. is growing in comparison to other countries can be found when we compare world GDP rates (Explore World Bank Data). The BEA has a description of GDP in BEA GDP. You may also want to understand how GDP is broken down and how it is calculated in The Money Balance GDP.
From a very generic standpoint the formula is.....
GDP is Y = C + I + G + NX
GDP = Consumption + Investment + Government + Net Exports
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