PESTLE Insights: The United States - Macroeconomic Outlook Report
Summary
New York, Texas, California and Illinois accounted for 35.6% of GDP and 30.7% of the total US population in 2018
Manufacturing, followed by finance, attracted the most FDI in 2018
According to MarketLine, the services sector contributed (80.1%) to GVA in 2019, followed by industry (19.0%). In nominal terms, the overall GVA is expected to grow at a robust pace of 4.1% and 3.9% in 2020 and 2021, respectively.
Scope
- The US ranked 14th in World Bank's logistics performance index (LPI) in 2018, compared to 10th in 2016
- The US stock market performed strongly during January 16, 2019 to January 16, 2020. The S&P 500 gained 26.8% of its valuation during that period.
Reasons to buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
Summary:
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