United States PESTLE, SWOT and Risk Analysis Report finds Economic Growth to Slow down in 2020

USA's economic growth is expected to slow down in 2020 due to global trade disputes and political uncertainties.
By: Market Research Reports, Inc.
 
LEWES, Del. - Nov. 18, 2019 - PRLog -- United States of America's economic growth is expected to slow down in 2020 due to global trade disputes and political uncertainties.United Stated labour market on the other hand remains strong and due to risingwages,the economy is expected to see continued consumption growth.

USA's real gross domestic product (GDP) was estimated at USD 18999.27 billion in 2019 whereas the nominal GDP was estimated at USD 21344.67 billion. This resulted in GDP deflator 112.345 for 2019. Per capita GDP was estimated at USD 21344.67 in 2019.

The output gap for USA in 2019 was estimated at 1.372% of the potential GDP. Further it is expected to grow at a CAGR of 23.05% which indicates that USA economy will outperform by managing actual output higher than its maximum potential.

In 2019, USA government's revenue was estimated at USD 6634.24 billion whereas the expenditure was estimated at USD 7623.13 billion. This resulted American government's net lending / borrowing negative at USD 988.893 billion in 2019 indicating that enough financial resources were not made available by the government to boost economic growth.

The current account balance for USA was negative at USD 513.384 billion for the year 2019 and is expected to decline at a CAGR of 2.91% and reach USD 548.844 by 2024.

A complimentary copy of Economic Impact of U.S.- China Trade War is available with this report.

Scope of the U.S. PESTLE Analysis, SWOT Analysis and Risk Analysis Market Research Reports

-        These reports provide information about key macroeconomic indicators for USA.

-        These reports provide PESTLE (political, economic, social, technological, legal and environmental) analysis for USA.

-        These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for USA.

-        These reports provide risk analysis for USA.

To purchase USA PESTLE Analysis and Macroeconomic Trends Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/usa-pestle-analysis-macroeconomic-trends-market-research-report

To purchase USA SWOT Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/usa-swot-analysis-market-research-report

To purchase USA Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/usa-risk-analysis-market-research-report

About Market Research Reports, Inc.
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