what are the main sources of economic growth in the us currently
pharmaceuticals heavy machinery telecommunications aircraft
title: Economy of the United States text: 5% larger than the U.S. Real GDP per capita (measured in 2009 dollars) was $52,444 in 2017 and has been growing each year since 2010. It grew 3.0% per year on average in the 1960s, 2.1% in the 1970s, 2.4% in the 1980s, 2.2% in the 1990s, 0.7% in the 2000s, and 0.9% from 2010 to 2017. Reasons for slower growth since 2000 are debated by economists and may include aging demographics, slower population and growth in labor force, slower productivity growth, reduced corporate investment, greater income inequality reducing demand, lack of major innovations, and reduced labor power. The U.S. title: Economy of the United States text: average household and employee income among OECD nations, and in 2010, they had the fourth-highest median household income, down from second-highest in 2007. The United States has held the world's largest national economy (not including colonial empires) since at least the 1890s. It is the world's largest producer of oil and natural gas. In 2016, it was the world's largest trading nation as well as its second-largest manufacturer, representing a fifth of the global manufacturing output. The U.S. also has both the largest economy and the largest industrial sector, at 2005 prices according to the UNCTAD. The U.S. not only title: Economy of the United States text: economic indicators in 1980–2017. Inflation below 2 % is in green. U.S. nominal GDP was $19.5 trillion in 2017. Annualized, nominal GDP reached $20.1 trillion in Q1 2018, the first time it exceeded the $20 trillion level. About 70% of U.S. GDP is personal consumption, with business investment 18%, government 17% (federal, state and local but excluding transfer payments such as Social Security, which is in consumption) and net exports a negative 3% due to the U.S. trade deficit. Real gross domestic product, a measure of both production and income, grew by 2.3% in 2017, vs. 1.5% in 2016 and title: Economy of the United States text: Economy of the United States The economy of the United States is a highly developed mixed economy. It is the world's largest economy by nominal GDP and the second-largest by purchasing power parity (PPP). It also has the world's seventh-highest per capita GDP (nominal) and the eleventh-highest per capita GDP (PPP) in 2016. The US has a highly diversified, world-leading industrial sector. It is also a high-technology innovator with the second-largest industrial output in the world. The U.S. dollar is the currency most used in international transactions and is the world's foremost reserve currency, backed by its science and technology, title: United States Economic Census text: conducted for the year ending December 2017. The Economic Census, together with the separately conducted censuses of agriculture and governments, covers virtually the entire economy, excepting only for forestry, agricultural support, rail transportation, and employment by private households. Censuses have measured American economic activities since the first census of manufactures was taken in 1810. As the nation's economy has grown, the scope of what is now called the Economic Census expanded to include retail and wholesale trade, construction industries, mining, and a broad array of services. Early in the 19th century, Congress responded to an increase in industrial activity and