The Economy of the United States is the World's Greatest Economic Power Based GROSS DOMESTIC PRODUCT (GDP), Historial Ranking AMong The Top Countrys In GDP Per. Capita. Despite comprising less than 5% of the world's population, the u.S. Generates Approximately One-FIFTHOf the World's Economic Output. Despite its Ability to Weather Shocks, The U.S. Economy Faces Challenges Such As Chronic TRADE DEFICITS, Stagnant D INCOMES, RISING INCOME Disparity.

Below is an overview of economy of united states.

IndicatorPune Investment

Total GDP

$ 23.01 TRILLION

GDP Per Capita

$ 69,427

Total Exports

$ 2.62 trillion

TOP Export Partners

Canada, Mexico, China, JAPAN, GERMANY

Outward Foreign Direct Investment (FDI)

$ 7.05 trillion

Inward Foreign Direct Investment (FDI)

$ 6.92 trillionPune Stock

TOP DESTINANATIONS for U.S. Outward FDI

United Kingdom, Canada, Netherlands, Ireland, GERMANY

ManuFacturing Sector Contribution to GDP

TechNOLOGY SECTOR CONTRIBUTION to GDP

Financial Services Sector Contribution to GDP

Services security contribution to GDP

Total Non-Farm Employment

151.6 Million

TOP Industries by Employment

Healthcare, Retail Trade, Professional and Business Services

UNEMPLOYMENT RATE

Must check

Mixed eConomy System

Currency of United States

The Economy of the United States Refers to the System of Production, Distribution, and Consumption of Goods and Services with the NATION's Borders. It Includes a LL ECONOMIC ACTITITITIES UNDERTAKEN by Individuals, Business, and Government Entities, As Well As INTERACTIONS with OTHER COUNTRIEGH Tradeand infestment.

The U.S. Economy Is Characterized by ITS SIZE, DIVERSITY, and Global Influence. It is one of the larget economies in the world. ) That Consistently Ranks at the Top Globally.Industries, INCLUDING ManuoFacturing, Technology, Finance, HealthCare, Agriculture, And Services.

Key features of the U.S. Economy Include its emphsisis on Innovation and Entrepreneurship, supported by a strong legal framework, the problem of print S, and access to. The country is home to numerous multplational corporations and leading technology firms that drive and competitude s ona Global Scale. The Federal Reserve, The Central Banking System of the United States, Implements Monetary Policy to Regulating Interest Rates, Inflace T levels, influencing overall economic activity.

Trade Also Plays A Cruction Role in the U.S. Economy, with the country Being a Major Player in International Trade and Investment. ATS Exports and Imports E significantly to gdp, and the u.s. Maintains Trade Relationships with Countries Artries, Impacting Global SUPPLY Chains andEconomic Dynamics.Mumbai Stock Exchange

The U.S. Economy is Characterized by Resiliation, Flexibility, and Innovation, Able to Withstand Various Setbacks SUCH AS Stock Market Collapses, Corporate LS, and GeopolisticAl EventsLucknow Wealth Management. The Great Recession, OfficeLely Dating from December 2007 to June 2009, WAS A SIGNIFICANT Challenge, ATTRIBUTEDin part to a Financial Crisis related to subprime mortgages. While The Government Plays a Limited Direct Role in Economic Enterprises, it regulaters various aspects of Industries, Including Worker Safety, Pollution, and Transportation.

TAXES Constitute Nearly All of the Federal Government's Revenues, with the public income, UNEMPLOYMENT RATERNING TO TORADITIONAL Levels of Around 5% After the Great Recession, is in line with Other Developed Countries. The Service Sector Accounts for Over Three-FourThs of the Country's Jobs, While IndustRIALAFACTING Trades Employ Less One-FIFTH of the Labor Market.

Union Membership has declined since the 1950s, with les than 15% of U.S. Workers being enrolled in unions. ThVANCES in Mechanization and Organizational Changes Enabling FeWer Workers to Produce Greater Quantities.

The united states is a leading product of the Energy, Relying On Other Countries for Many Energy Sources, PARTICularly Petroleum Products. iCant Reserves of Minerals, Including Petroleum, Coal, Copper, Magnesium, Lead, Zinc. Agriculture, Forestry, and AndFishing Contribute Only a Small Percentage to GDP, Despite High Productivity.

While The Service sector has grown faster sinced-20th center, ManuFacturing Output has been related at an Abstant One-SIXTH of GDP. Leading sect Include Transportation Equipment, Computer and Telecommunications, Drug Manufacturing, BioteChnology, Health Services. And Food PRODUCTS.The financial sector, including banking, insurance, and securities, plays a crucial role in the economy, with New York City being a major hub for financial services.

The U.S. Transportation Network is Extensive, Including Highways, Railroads, Waterway, and Air Transport. The Internet System, Begun in The 1950s, Connects AB Out Nine-TENTHS of All Cities with a Population of at Least 50,000.Combined value of imports and exports equivalent to about the three-tesths of gdp, and Major Trading Partners Include Canada, China, Mexico, JAPAN, and Germany.

Over the year, united states economy has stood as global powerhouse. It has been contributing to and leading the world economic output. With the diverse Range of I ndustries, Finance, and the Services, The Economy Has Remained Dymanic and Resilient. It is Really StrongAnd Important in the World. It's big and has been well -to business, like macking things, technology, and services.

People there like to come up with new idea and start their own business, whise Helps the eConomy Grow. U.S. ALSO Trands a Lotteh Other Countries, Whic H Brings in Money and Creates Jobs. Even When Things Get Tough, The U.S. Economy Keeps Goingand makes a big impact design the world.

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List of U.S. States and Territories by GDP

USA Foreign Policy

The United States Produces Approximately One-FIFTH (20%) of the World ’s Economic Output.

The Great Recession was caused in part by a Financial DeBaCle Related to Subprime Mortgages.

The Service Security Accounts for Over Three-Fours (75%) of the jobs in the united states.

Petroleum Products are the main source for the united states, although it relies on other countries for many Energy Sources.

The Combined Value of Imports and Exports is Equivalent to About Three-Tenths (30%) of the U.S. Gross National Product.

Canada is the united states ’largest trading partner.