Shandong Leadership Group Michael Bar, Economics U.S. Economy Trends Shandong Leadership Group Michael Bar, Economics
U.S. Economic Growth Key sectors and challenges International Trade Questions, Data Sources
U.S. Economic Growth
U.S. Economic Growth 20.6% Pre-recession growth trend 2.2% annual $10,799 Post-recession growth trend 1.4% annual
U.S. Economic Growth U.S. economy did not fully recover after the “Great Recession” of 2008 – 2009.
The Rise of Services Structures Non Durables Durables Services
The Rise of Services
The Rise of Healthcare Expenditures
Challenges How to provide affordable healthcare to all?
Aging Population
Aging Population
Aging Population
Baby Boomers Retire
Challenges How to provide affordable healthcare to all? How to pay pensions and social security benefits to retirees?
Federal Government Budget -3.14%
Public Debt 76%
Cost of Public Debt 1.29%
Labor Markets
Labor Markets
Labor Markets
Challenges How to provide affordable healthcare to all? How to pay pensions and social security benefits to retirees? Current workers need to earn more Lower retirement compensation Increase retirement age
Another Housing Bubble?
Chances of Recession
Investors are Optimistic
International Trade
U.S. Export Partners
U.S. Import Partners
Data Sources Gapminder - bubble and other visualization. Population Pyramids. World Integrated Trade Solution visualization tools. Federal Reserve Bank Data. CIA World Factbook. Centers for Medicare & Medicaid Services.