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Labor & Economic Growth , Source
<br /> Bank
<br /> lt;„ Total Unemployed -Job Openings
<br /> 14.772% :O,OOu
<br /> 14% 17 51h,
<br /> Unemployment Rate
<br /> 12% 15,00o
<br /> 12,500
<br /> 10?,:
<br /> 10,000
<br /> R% a= 7,500
<br /> 2
<br /> 6% 3 5,000
<br /> 4.086%
<br /> 2,500
<br /> 4%
<br /> 0
<br /> \-3.449% 2% 2,500
<br /> 0% 5,000
<br /> 0 O O O ', ', ', ^. N N 'Y N ^f 'h ' of P P P P 7,500
<br /> N N N N N N N N N N N N N N N N N N N N
<br /> O O O O O O O O O O O O O O O O O O ,g
<br /> ti ' .4 •ti, •ti 4N 'v • 'i .4 l 4 ti ,iN 4N .5• •ti ., •ti• ti• 8y �b �'\ Q' �oi O.'O O,ti'ti O.�'L 01"f OtiP O,yh O.yco O4,\ 0,�� 0,5�i O,tiO O,y'1 O.ti'L O.ti'� co.
<br /> �` O' 4 v , O` .s P` -,` P� n` o ti` o ,- s ti , 's1ti \v 4„ ti, „1ti , ti\ti 41 4„ ..,„ ,5 4„ 4„ ti, 4„ ,, 4, 4,„
<br /> ', ti ti ti\"'\ ti\'' ti\ �\ ti\ ti ti\ ti\ ti\ ti\ ti\ ti\ .,\ ',\ .,\ N. 4 ti\ ti\ ti\
<br /> Source:Bureau of Labor Statistics
<br /> GDP Growth(QoQ) • Third quarter GDP grew by 3.1%in the U.S.and above the
<br /> 6.0 Contributions to GDP original forecast of 2.9%. The increase of 3.1% marked the ninth
<br /> s.o consecutive quarter of positive economic growth since the first
<br /> 3.0 3.1 two quarters of negative output in 2022.
<br /> 4.0
<br /> 3.0 4.4 wit U • Personal Consumption increased 3.7%over the previous quarter,
<br /> ahead of the 3.3%forecast,and consumption accounted for 80%of
<br /> 2.0 3.2
<br /> total economic growth. Motor vehicles were a positive contributor to
<br /> 1.0 2.4 _ GDP for the second consecutive quarter but had been negative every
<br /> o.o
<br /> r 101.6 quarter since 1Q2023.
<br /> iimi-1.0 `_ • We always highlight intellectual property and its importance in the
<br /> U.S.economy. Economic output coming from intellectual property
<br /> 2 0 increased by 4.1%over the past year and steadily rose to$1.51 TLN
<br /> -3.0 in Real GDP dollars for the three-month period ending September 30,
<br /> 6/30/23 9/30/23 12/31/23 3/31/24 6/30/24 9/30/24 2024. Annualized growth over the past five years has been 8%.
<br /> 4s Personal Consumption n.�.Residential _. Business Fined Inv. mom Govt Consumption
<br /> -.rntorycr,ange Net Exports ��GDP CtoO • The largest detractor in the quarter was net exports and has detracted
<br /> for three consecutive quarters. Imports detracted 144 basis points of
<br /> Data as of:January 10, 2024 growth in the quarter while exports added 101.
<br />
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