United States: Selected Issues

July 26, 2013

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Format: Chicago

United States: Selected Issues, (USA: International Monetary Fund, 2013) accessed November 26, 2024

Summary

This Selected Issues paper on United States 2012 Article IV Consultation discusses rebound of manufacturing production. The U.S. share in global manufacturing production declined through most of the past three decades, but it has stabilized since the Great Recession. It currently represents about 20 percent of global manufacturing value added. Interestingly, after a sharp increase during most of the previous decade, China’s share in global manufacturing has also stabilized since the Great Recession, at a level similar to that of the United States. The notion of a manufacturing renaissance has been fuelled partly by the rebound in production since the end of the Great Recession.

Subject: Commodities, Economic sectors, Expenditure, Health, Health care, Health care spending, Housing prices, Manufacturing, Oil, Prices

Keywords: Asia and Pacific, Cost, Cost-saving measure, CR, Durable goods production, GDP, Global, Health care, Health care, Health care spending, House price, Housing prices, ISCR, Loan standard, LSAP program, Manufacturing, Oil, Price, Price change, Term premium

Publication Details

Pages:

82
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/237
Stock No:

1USAEA2013002
ISBN:

9781484376553
ISSN:

1934-7685

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