United States

Economic Survey of the United States 2016

 

 

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Executive Summary

Seven years after the financial crisis, the US economy has rebounded : output has surpassed its pre-crisis peak by 10%, robust private-sector employment gains have sharply reduced unemployment, fiscal sustainability has been largely restored and corporate profits are high. The short-term outlook is for further growth near potential (albeit crisis-reduced at about 2%), where well-designed investments in infrastructure, skills and green growth would contribute to a more robust and sustainable expansion.

 OECD Economic Surveys: United States 2016

 

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The Secretariat’s draft report was prepared for the Committee by Douglas Sutherland and Jonathan Millar, under the supervision of Patrick Lenain. Statistical research was provided by Damien Azzopardi and Mabel Gabriel with general administrative support provided by Raquel Páramo. The previous Survey of the United States was issued in June 2014.

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