United States

19 August 2013

US Labour Crisis: Where Have All The Good Jobs Gone?

  While the United States had added more jobs in recent months than economists had been expecting, several studies suggest that the U.S. labour market has lost at least 3 million well-paid “good jobs” forever. The bulk of new jobs...

3 June 2013

United States Economy

The United States of America has the world's largest national economy. It makes up roughly 17 to 22 percent of the world's gross domestic product (GDP). The currency of the United States, the dollar, is the most widely used currency...

3 June 2013

US Export, Import and Trade

US foreign trade and global economic policies have experienced drastic changes since the days of its founding fathers. Prior to the Great Depression and World War II, government and businesses mostly concentrated on developing the domestic economy irrespective of what...

3 June 2013

US Economic Structure

The US is a market-oriented economy, where private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy considerably greater flexibility...

3 June 2013

US Industry Sectors

The US is one of the most technologically advanced economies in the world, coming in 10th in the Global Innovation Index and 12th for the World Bank’s Knowledge Economy Index. As such, they also lead the world in industries such...

31 May 2013

US Economic Forecast

The US economy grew by 2.211 percent in 2012, compared to 1.808 percent in 2011 and 2.391 percent in 2010. Three consecutive years of growth has since reversed the recession experienced from 2008-2009, but the economy is still recovering too...

10 May 2013

Is The US Shale Boom Already Over?

During the last three years, the mantra in the U.S. for shale has been, "Drill, baby, drill.” But the reality is there is only one true gas formation in the U.S. that is increasing production – Marcellus – while every...

30 April 2013

A Huge Fed-Induced Credit Bubble By 2017?: Nouriel Roubini

Since injecting more than $2 trillion into the financial system through three rounds of quantitative easing, the U.S. Federal Reserve is gradually realising that their experiment to kick-start the economy with near-zero interest rates has failed. Contemplating an exit strategy...