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Country Forecast United States Updater Product Image

Country Forecast United States Updater

  • ID: 2105469
  • April 2015
  • Region: United States
  • 16 Pages
  • The Economist Intelligence Unit

The president, Barack Obama, will have to deal with a Republican majority in the House of Representatives (the lower house of Congress) and the Senate (the upper house), which 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.

With a Congressional majority, Republicans will try to loosen regulatory requirements, taking aim at the Dodd-Frank financial regulatory law, the 2010 healthcare law and environmental regulations. A full-scale repudiation is unlikely, but Republicans could succeed in chipping away at parts of these laws.

Mr Obama has made it clear that he is willing to leave Congress behind where foreign policy is concerned. Besides the shift in the country's relationship with Cuba, the administration has worked hard to strike a nuclear disarmament deal with Iran. The probability of reaching a deal has been 50:50 for some time, but in recent weeks appears to have become more likely than not.

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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 2015-19: Political stability

Outlook for 2015-19: Election watch

Outlook for 2015-19: International relations

Outlook for 2015-19: Policy trends

Outlook for 2015-19: Fiscal policy

Outlook for 2015-19: Monetary policy

Outlook for 2015-19: Economic growth

Outlook for 2015-19: Inflation

Outlook for 2015-19: Exchange rates

Outlook for 2015-19: 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

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Note: Product cover images may vary from those shown

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