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Country Forecast United States Updater Product Image

Country Forecast United States Updater

  • Published: July 2014
  • Region: United States
  • 16 Pages
  • The Economist Intelligence Unit

The period of divided government will continue at least until 2015. Power in Congress is split between the Democrats and the Republicans at a time when they are even more ideologically distant than usual. Securing agreement for major reforms will be difficult, although smaller deals will be possible.

The president, Barack Obama, will have to deal with a Republican majority in the House of Representatives, which, influenced by its ultraconservative Tea Party wing, will tend to oppose his legislative programme. Mr Obama has vowed to take "executive action" to change policy in areas where he does not need congressional approval.

The US government is coming under pressure to take action against the Islamic State (IS), a militant Sunni jihadi group in Iraq known previously as ISIS. Mr Obama has deployed military advisers to help the Iraqi army to develop and execute a counter-offensive against IS. He may also consider other military options, such as air strikes by planes, drones and missiles.

Country Forecast United States Updater

Country forecast overview: Highlights

Country forecast overview: Key indicators

Country forecast overview: Business environment rankings

Country forecast overview: United States of America's business environment
Policy towards private enterprise and competition
Policy towards foreign investment
Foreign trade and exchange controls
Taxes
Financing
The labour market
Infrastructure

Fact sheet

Outlook for 2014-18: Political stability

Outlook for 2014-18: Election watch

Outlook for 2014-18: International relations

Outlook for 2014-18: Policy trends

Outlook for 2014-18: Fiscal policy

Outlook for 2014-18: Monetary policy

Outlook for 2014-18: Economic growth

Outlook for 2014-18: Inflation

Outlook for 2014-18: Exchange rates

Outlook for 2014-18: External sector

Data summary: Global outlook

Data summary: Gross domestic product, current market prices

Data summary: Gross domestic product, at constant prices

Data summary: Gross domestic product by sector of origin

Data summary: Growth and productivity

Data summary: Economic structure, income and market size

Data summary: Fiscal indicators

Data summary: Monetary indicators

Data summary: Employment, wages and prices

Data summary: Current account and terms of trade

Data summary: Foreign direct investment

Data sources and definitions
Global data
Domestic data
Abbreviations

Note: Product cover images may vary from those shown

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