POSTER

2011 2012 2013 2014 2015

GDP per capita (USD) 49,725 51,384 52,608 54,375 55,868
Unemployment Rate 8.9 8.1 7.4 6.2 5.3
Fiscal Balance (% of GDP) -8.4 -6.7 -4.1 -2.8 -2.4
Inflation Rate (CPI, annual variation in %) 3.1 2.1 1.5 1.6 0.1
Current Account (% of GDP) -3.0 -2.8 -2.3 -2.2 -2.7

GDP (USD BN)

There is increase in GDP (USD bn) as business investments

are increasing. Oil prices became so low so personal
consumption on other items increased. There are more
business investments leading to more jobs, work, salary
causing consumer spending. Finance, insurance, wholesale
trade, professional, information and technical services are
leading contributors.
INFLATION RATE:
Inflation is declining each year cause
of low oil prices, supermarket price
wars and also because cost of imports
is low.

Inflation Rate
3.5

33.1

2.5
2.1
2
1.6
1.5 1.5

0.5
0.1
0
2011 2012 2013 2014 2015
 UNEMPLOYMENT RATE:

There is decrease in Unemployemnet Rate because under

Barack Obama presidency economic performance was
successful so with decrease in unemployment rate, wage
rate also increased. Main reason is consumer spending &
less participation of labor force. Baby boomers are retiring
and adults are not interested in looking for a job.

FISCAL DEFICIT:

Fiscal Deficit is there because there is more spending

than revenue. There are tax cuts & more employment
benefits. Funding public works project to create jobs.
Pushing economy out of recession and reducing
revenue/income of government.

CURRENT ACCOUNT%:
 It is also in deficit as exports fell and investments from
abroad declined as there is rise in domestic oil
production and lower international oil prices keep the
import bill in check.