USA are considered to be the richest and most successful country in the world. Their total GDP numbers seem to be unreachable for any other country and its divided per-capita income is pretty good for an average country income – about $55 thousand a year.
Even though we know USA as the country producing aircraft, automobiles, transistors, telecom equipment, and other industrial materials you might be surprised to learn that 70 percent of the US economic output actually comes from service sector so those who are assessing US economy might want to pay extra close attention to it.
US are known around the world as the country running on huge trade deficit – there are more good imported into the country than exported out of it. And that is exactly what current American President Donald Trump decided to take and make a reason for trade war out of – he doesn’t like US trade deficit with China. Although that is how the system has been working for years. There is no evidence that the situation might be fixed in any way.
US are also housing the biggest stock exchange in the work – New York Stock Exchange [NYSE].