Real gross domestic product (GDP) increased 0.3% in May, following a 0.1% uptick in April. Services-producing industries were up 0.5%, while goods-producing industries partially offset the increase with a 0.3% decline in May. Overall, 12 of 20 industrial sectors posted increases.
Chart 1
Real gross domestic product advances in May
Manufacturing, wholesale and public administration drive the increase, while forest...
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