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Shandong Leadership Group Michael Bar, Economics
U.S. Economy Trends Shandong Leadership Group Michael Bar, Economics
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U.S. Economic Growth Key sectors and challenges International Trade Questions, Data Sources
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U.S. Economic Growth
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U.S. Economic Growth 20.6% Pre-recession growth trend 2.2% annual
$10,799 Post-recession growth trend 1.4% annual
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U.S. Economic Growth U.S. economy did not fully recover after the “Great Recession” of 2008 – 2009.
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The Rise of Services Structures Non Durables Durables Services
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The Rise of Services
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The Rise of Healthcare Expenditures
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Challenges How to provide affordable healthcare to all?
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Aging Population
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Aging Population
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Aging Population
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Baby Boomers Retire
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Challenges How to provide affordable healthcare to all?
How to pay pensions and social security benefits to retirees?
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Federal Government Budget
-3.14%
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Public Debt 76%
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Cost of Public Debt 1.29%
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Labor Markets
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Labor Markets
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Labor Markets
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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
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Another Housing Bubble?
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Chances of Recession
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Investors are Optimistic
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International Trade
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U.S. Export Partners
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U.S. Import Partners
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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.
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