The US went further China Thanks in part to the vibrant American consumer, we are in the race to be the world’s largest economy.
we GDP It rose 6.3% last year in nominal terms, not adjusting for inflation, outpacing China’s 4.6% rise. While some of the outperformance reflects rising U.S. prices, the 2023 results highlight a broader point. That means the U.S. economy is coming back from the pandemic in better shape than China.