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home / news releases / DTO - How Much Does Oil And Gas Drive U.S. GDP?


DTO - How Much Does Oil And Gas Drive U.S. GDP?

By Bob Iaccino

At A Glance

  • Energy has been a tailwind to U.S. growth, but recent declines in oil and gas investment may lessen its impact

  • Oil and natural gas mining remain one of the top U.S. growth sectors

The U.S. economy has had a long and bumpy ride on the path to stable growth. The last four GDP growth figures going back to the second quarter of 2018 have averaged +2.85 percent with two of those figures being over 3 percent. Plenty has gone into that steady rise in GDP including a growing tech

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Stock Information

Company Name: Deutsche Bank AG London ZC SP ETN REDEEM 01/06/2038 USD 25 - 25154K809
Stock Symbol: DTO
Market: NYSE

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