Gross domestic product by industry, May 2022

July 29, 2022, 8:43 a.m. (EDT)

Real gross domestic product (GDP) was essentially unchanged in May, following a 0.3% expansion in April.

Growth in services-producing industries (+0.4%) was offset by a decline in goods-producing industries (-1.0%), as 14 of 20 industrial sectors increased in May.

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