Home-related products are the biggest single category of consumer spending, accounting for $12.7 trillion of consumer sales in the U.S., according to the latest data from the Federal Reserve.
It’s also a major segment of the overall economy.
The U.K. is the leader in home-focused businesses, with a robust $16.3 trillion in sales in 2018, according to data from research firm Markit.
China’s GDP grew by more than 20 percent in 2018 and Australia’s by more then 30 percent.
Canada is the top-selling country in 2018 with sales of $12,873 billion.
Germany’s economy also expanded by almost 6 percent last year.
Canada’s economy grew by 2.9 percent, and Australia grew by 7.3 percent.
The United States, Canada and Australia accounted for more than 80 percent of all consumer purchases last year, the most since 2004.
Canada accounted for nearly 70 percent of U.N. global trade.
The country’s economy has expanded at a healthy clip for decades.
The number of Americans with jobs doubled between 2000 and 2018, from about 2 million to about 3.5 million.
In 2018, the U,S.
accounted for $3.4 trillion of U,N.
trade, according the International Monetary Fund.
China’s economy expanded by more nearly 7 percent last December.
The country accounted for roughly 60 percent of the global economy.
Germany was the top performer in the world in terms of overall growth.
Germany posted a 1.6 percent growth rate in 2018.
The world economy is also on track to surpass its pre-crisis peak, which was set at a robust 2.6 per cent in 2014.
The data shows that the global average GDP is projected to grow by 0.5 percent in 2021.
That would be the lowest rate since the U.,S.
was on track for the fastest growth rate on record in 2017.
The economic data is expected to continue to worsen over the next several years.
As of June, the IMF predicted that the world economy would shrink by an additional 0.3 percentage points over the 2021-2022 period, bringing it to just under 3 percent of gross domestic product.
That would bring the global economic growth to just over 3.6% this year.