THE ECONOMIC CONDITION OF THE UNITED STATES OVER THE LAST 10 YEARS
Keywords:
economy, GDP, foreign trade, green energy, import, investmentsAbstract
The article analyzes the economic trends and processes of foreign trade of the USA and the country today using the main macroeconomic indicators of the American economy. The analysis elucidates the characteristics of the U.S. gross domestic product (GDP), trends in the volumes of exports and imports, the formation of the trade balance and their contribution to economic stability. Moreover, the top position of the US in the global economy, its high economic diversification and the potential of the domestic market is scientifically confirmed. Analysis indicates that the U.S. economy is highly integrated into foreign trade but keeps economic leadership even under conditions of a persistent trade deficit. The information and insights gained from the data are of potential scientific and applied utility for macroeconomic policy, foreign trade balance, and sustainable economic growth.
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