United States - Economist Intelligence Unit - The Economist
DOMESTIC POLITICS: The president, Barack Obama, is focusing his energy on passing through Congress a major healthcare reform, the flagship of his legislative agenda. Some kind of health bill is likely to be approved; Mr Obama's credibility would be sorely damaged if his own party, the Democrats, could not muster sufficient support. But all Republican lawmakers, and some Democrats, bitterly oppose Mr Obama's plan for a public insurance option, and political tensions will rise sharply in the coming weeks. A congressional vote on a comprehensive healthcare bill--which is supported by a small majority of Americans--is expected before the end of this year.
Country Forecast Overview (3 Year)
| Key Indicators |
2008 |
2009 |
2010 |
| Real GDP Growth (%) |
-.47 |
-3.30 |
1.60 |
| Consumer Price Inflation (av;%) |
3.80 |
-.50 |
1.20 |
| Budget Balance (% of GDP) |
-3.15 |
-9.90 |
-10.40 |
| Current-Account Balance (% of GDP) |
-4.89 |
-2.40 |
-2.70 |
| Exchange Rate US$:Euro (av) |
1.00 |
1.00 |
1.00 |
| Exchange Rate US$:Euro(year-end) |
1.00 |
1.00 |
1.00 |
United States GDP PPP & GDP Growth Rates
2004 - 2008
| Year |
GDP in Billions of USD PPP |
% GDP Growth |
| 2004 |
11,867.75 |
2.58 |
| 2005 |
12,638.38 |
2.33 |
| 2006 |
13,398.92 |
1.74 |
| 2007 |
14,077.65 |
1.17 |
| 2008 |
14,441.42 |
-0.47 |
Source: EIU Country Data
United States of America: risk assessment
| Risk |
July 2009 |
| Sovereign risk |
AA |
| Currency risk |
A |
| Banking sector risk |
BBB |
| Political risk |
AA |
| Economic structure risk |
A |
|
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