United States Of America

The flag of USA

TheU.S.flaghasthirteen
stripesredandwhite.USA
had13states.

TheU.S.flaghas50stars,becausethereare
fiftystatesinthecountry.

1.

History of America

Christopher Columbus
FourvoyagesofChristopherColumbus

Christopher
Columbus
( 1451 20 May
1506)
Was a navigator, colonizer, and
explorer whose voyages
across the Atlantic Ocean led to
general European
awareness
of the American continents in the
Western Hemisphere.
With his four voyages of exploration
and several attempts at
establishing a settlement on
the island of Hispaniola.

Role of Labor in Americas Economy

Until shortly after World War I, most
workers were immigrants from
Europe, their immediate
descendants, or African Americans
who were mostly slaves taken from
Africa, or slave descendants.
Beginning in the early 20th century,
many Latin Americans immigrated;
followed by large numbers of Asians
following removal of nation-origin
based immigration quotas.

The promise of high wages brings

many highly skilled workers from
around the world to the United
States.

Immigration to the United States

United States received 4.31
immigrants per 1000 people in
2009, ranking 25th globally.

Nearly 8 million immigrants came

to the United States from 2000 to
2005 more than in any other
five-year period in the nation's
history.

The analysis shows that 31% of

adult immigrants have not
completed high school. A third
lack health insurance.

2. Geographical value of
America

Rural and Urban areas of America

Data in figures about Rural and Urban areas

Today, 15 percent of the
United States' inhabitants live
in suburban and urban areas.
but cities occupy only 2
percent of the country.

Rural areas occupy the

remaining 98 percent.

U.S. Population Living in Urban vs. Rural Areas

Geographic
Division:

# of Areas

Total U.S. Population

Population living in
Urban Areas 2

3,629

Population living in Rural

Areas

Total Population

Percent of U.S. Total

285,230,516

100

225,956,060

79.219

59,274,456

20.781

Urban Area
Categories:
1. Urbanized Areas over
200,000 population

153

166,215,889

58.274

2. Urbanized Areas
50,000 - 199,999
population

310

29,584,626

10.372

3. Urban Clusters 5,000

- 49,999 population

1838

25,438,275

8.918

4. Urban Clusters 2,500

- 4,999 population

1328

4,717,270

1.654

Great places of America

The Colorado River winds through Nankoweap Canyon in Grand Canyon National

Times Square, New York

Statue of
Liberty
New York
City

Golden Gate Bridge, San

Monument Valley, Arizona/Utah

Science and Technology

Science & Technology of America

The United States has been a leader in scientific

research and technological innovation since the late
19th century.
In 1876, Alexander Graham Bell.

Thomas Edison's the first long-lasting light bulb,

viable movie camera.

Nicola Tesla pioneered alternating current, the AC

motor, and radio.

The Wright brothers, in 1903, made the first

sustained and controlled heavier-than-air powered
flight.

The Space Race produced rapid advances in rocketry,

materials science, and computers.

Neil Armstrong was the first man to set foot on the

Moon, on July 20, 1969.

more than half of the world's land planted with

biotech crops is in the United States.

Neil Armstrong

Neil on Moon

Albert Einstein 14 March 187918 April 1955

A theoretical physicist who is
widely regarded as one of the
most influential scientists of all
time.

Theories of relativity.
Relativistic cosmology.
Post-Newtonian expansion.
Perihelion advance of Mercury.
Deflection of light by gravity. etc

Culture of America

Religions
According to the CIA different
religions in the United States:
Christians: (78.5%)
Protestant (51.3%)
Roman Catholic (23.9%)
Mormon (1.7%)
other Christian (1.6%)
unaffiliated (12.1%)
none (4%)
other or unspecified (2.5%)
Jewish (1.7%)
Buddhist (0.7%)
Muslim (0.1%)

National holidays
Date

Official Name

January 1

New Year's Day

Third Monday in January

Birthday of Martin Luther King, Jr., or Martin Luther

King, Jr. Day

January 20, the first January 20 following a

Presidential election

Inauguration Day

Third Monday in February

Washington's Birthday

Last Monday in May

Memorial Day

July 4

Independence Day

First Monday in September

Labor Day

Second Monday in October

Columbus Day

November 11

Veterans Day

Fourth Thursday in November

Thanksgiving Day

December 25

Christmas

Common American Foods

Popular Culture of America

Fashion
Music
Films
Dance
Television
Theater

Transportation of America

Transportation System of America

Everyday personal transportation in
America is dominated by the
automobile.
As of 2003, there were 759
automobiles per 1,000 Americans,
compared to 472 per 1,000
inhabitants of the European Union the
following year.
About 40% of personal vehicles are
vans, SUVs, or light trucks.
Southwest Airlines is number one Of
the world's thirty busiest passenger
airports, sixteenth is the United
States.

Transportation System of America

busiest airport in the world,

Hartsfield-Jackson Atlanta
International Airport.

While transport of goods by rail is

extensive, relatively few people use
rail to travel, within or between
cities.

Only 9% of total U.S. work trips use

mass transit, compared to 38.8% in
Europe

U.S Sports and Entertainment

Sports of America

Baseball
American Football
Basketball
Ice hockey
Soccer

Rugby or Football

Base ball

USA Basketball Team

Ice Hockey Stadium

Soccer

Entertainment in America
Hollywood movies
are providing great
entertainment not
only to the U.S
citizens but to the
people living all
over the world.

Hollywood
superstars
are the real
asset for
their
economy.

Judicial system of America

Judicial System of America

US Supreme Court
The US Supreme Court comprises of a
chief justice and eight associate justice
of America.
As per the guidelines and discretion, the
Supreme Court hears few cases every
year that it is asked to solve.
Those cases start at state or federal
courts and mostly involve vital questions
regarding the federal or constitutional
law.

Judicial System of America

Courts of Appeal
US had 94 judicial districts that are arranged
into twelve regional circuits, each circuit has
its own US court of appeal.
The hearings for people from district courts
situated within circuit are conducted at
court of appeals.
Also the court of appeals has nationwide
jurisdiction for federal circuit to hear the
appeals in particular cases like those
involving the patent cases and laws decided
by the court of Federal Claims and the court
of International Trade.

Judicial system of America

District Courts

The district courts are federal court system trail's

court.

As per the limits set by the constitution and the

congress, the district court has jurisdiction for hearing
all federal category cases, including both criminal and
civil matters.

Every day several people across the country are

chosen for the jury and assist decide few of such
cases.

The federal judicial districts are 94 in number, one

district court for each state.

The Virgin Islands, Northern Mariana Islands and Guam

have their separate district courts that hear different
federal cases including the bankruptcy cases.

Judicial System of America

Bankruptcy Courts

The bankruptcy courts solve the cases of the individuals who

are not able to pay back their creditors.

They are granted a fresh start by clearing their assets to

return their debts or by preparing a repayment plan.

This judicial system also helps troubled businesses and offers

orderly distribution to the creditors through liquidation or
reorganization.

The procedures are guided by the Title 11 in the US

bankruptcy code.

The basics of bankruptcy provides basic knowledge to

the creditors, debtors, media, court personnel and general
public on various aspects of federal bankruptcy laws.

The bankruptcy code was amended in year 2005 to

require that many individual debtors fulfill an exclusive
briefing through an approved counseling agency prior to
filing a case.

3.

Presidential system of
America

John Adams(1797-1801)

Thomas Jefferson(1801-1809)

George W H Bush(1989-1993)

Bill Clinton(1993-2002)
Name at birth:
William Jefferson Blythe
Date of Birth:
19 August 1946.
Birthplace:
Hope, Arkansas.
Best Known As:
42nd President of
the United States, 1993-2001.

George W Bush(2001-2009)
Born

July 6, 1946.

Served as the 43rd

President of the United

States from 2001 to 2009,
and the 46th Governor of
Texas from 1995 to 2000.

Barrack Obama(2009-0000)
Date of Birth
4 August 1961, Honolulu,
Hawaii, USA.
Birth Name
Barack Hussein Obama Jr.
Nickname
Barry
Bama
Rock
The One
Height
6' 1" (1.87 m)

9-11-2001

A darkest day of American History

Attack on World Trade Centre

worldtradecenterbeforeattack

worldtradecenterafterattack

4.

Economy of America

Contents:
Economy of United States Of America
History of America
Education
Unemployment
Income & Wealth
Finance
Inflation
Currency
Taxation & Govt. Involvement
Sectors:

Agriculture
Industrial
Energy
Manufacturing

Major Imports and Exports of America

Americas Economy after 9-11

Economy Of America
The economy of the United States is the largest
national economy in the world in both nominal
value and by purchasing power parity.

Its nominal gross domestic product (GDP) was

estimated as $14.4 trillion in 2008, which is
about three times that of the world's second
largest economy, Japan.

Its GDP by PPP is almost twice that of the

second largest, China.

The U.S. economy maintains a very high level of

output per person (GDP per capita, $47,422 in
2008, ranked at around number thirteen in the
world).

Economy Of America

The United States has been one of

the best-performing developed
countries.

The American labor market has

attracted immigrants from all over the
world and has one of the world's highest
migration rates.

Americans have the highest income

per hour worked. The United States is
ranked second, down from first in 20082009 due to the economic crisis, in the
Global Competitiveness Report. The
country is the world's largest and most
influential financial market, home to
major stock and commodities exchanges
like NASDAQ, NYSE, AMEX and CME.

History Of American Economy

History Of Americas Economy

FounderofAmericaC.Collumbus

The economic history of the

United States has its roots in
European settlements in the
16th, 17th, and 18th centuries.

The American colonies

went from marginally
successful colonial economies
to a small, independent
farming economy, which in
1776 became the United States
of America.

In 230 years the United

States grew to a huge,
integrated, industrialized
economy that makes up over a
quarter of the world economy.

After the Great Depression

GreatDepression(19291939)highlighted

For many years following the Great

Depression of the 1930s, when the
danger of recession appeared most
serious.

1930 Unemployment

GreatDepression(19291939)highlighted

1960s

Ideas about the best tools for

stabilizing the economy
changed substantially between
the 1960s and the 1990s.

In the 1960s, government had

great faith in fiscal policy
manipulation of government
revenues to influence the
economy. Since spending and
taxes are controlled by the
president and the U.S.
Congress, these elected
officials played a leading role
in directing the economy.

Aperiodofhigh
inflation,high
unemployment,and
hugegovernment
deficitsweakened
confidenceinfiscal
policyasatoolfor
regulatingtheoverall
paceofeconomic
activity.Instead,
monetarypolicy
assumedgrowing
prominence.

1970s

Since the stagflation of the 1970s,

the U.S. economy has been characterized by
somewhat slower growth.

The worst recession in recent

decades, in terms of lost output, occurred
in the 1973-75 period of oil shocks, when
GDP fell by 3.1 percent, followed by the
1981-82 recession, when GDP dropped by
2.9 percent.

Since the 1970s the US has

sustained trade deficits with other nations.

In the 1970s, economic woes brought on by

the costs of the Vietnam conflict, major price

increases, particularly for energy, created a strong
fear of inflation

1990s
Output fell by 1.3
percent in the 1990-91
downturn, and a tiny 0.3
percent in the 2001
recession. The 2001
downturn lasted just
eight months.

These issues have raised concerns among economists and national politicians:

In recent years, the primary economic concerns have centered on:

high household debt ($14 trillion) including $2.5 trillion in consumer
debt.
high national debt ($9 trillion)
high corporate debt ($9 trillion),
high mortgage debt (over $10 trillion as of 2005 year-end)
high unfunded Medicare liability ($30 trillion),
high unfunded Social Security liability ($12 trillion).
high external debt (amount owed to foreign lenders),
high trade deficits
and a serious deterioration in the United States net international
investment position (NIIP) (-24% of GDP)
In 2006, the U.S economy had its lowest saving rate since 1933.

Overall Analysis
The U.S. economy
maintains a relatively
high GDP per capita,
with the caveat that it
may be elevated by
borrowing and a low to
moderate GDP growth
rate making it
attractive to
immigrants worldwide.

Crisis in 2007-08
The United States entered
2008 during a housing
market correction, a
subprime mortgage crisis
and a declining dollar
value.

On December 1, 2008, the

NBER declared that the
United States entered a
recession in December
2007, citing employment
and production figures as
well as the third quarter
decline in GDP.

Geographical Importance

The United States is rich in mineral

resources and fertile farm soil, and it is
fortunate to have a moderate climate.

It also has extensive coastlines on both the

Atlantic and Pacific Oceans, as well as on the
Gulf of Mexico.

Rivers flow from far within the continent, and

the Great Lakesfive large, inland lakes along
the U.S. border with Canadaprovide
additional shipping access. These extensive
waterways have helped shape the country's
economic growth over the years and helped
bind America's 50 individual states together in
a single economic unit.

Investment

Mass production, corporations, such as General Electric, have been

instrumental in shaping the United States.

Through the stock market, American banks and investors have grown
their economy by investing and withdrawing capital from profitable
corporations.

Today in the era of globalization, American investors and corporations

have influence all over the world.

The American government is also included among major the investors in

the American economy.
Government investments have been directed towards public works of
scale (such as from the Hoover Dam), military-industrial contracts, and
the financial industry.

Policies of 26 June 2009

. On June 26, 2009, Jeff Immelt, the CEO
of General Electric, called for the United
States to increase its manufacturing base
employment to 20% of the workforce,
commenting that the U.S. has outsourced
too much in some areas and can no
longer rely on the financial sector and
consumer spending to drive demand.

Education

Education in the United States

In 2007, Americans
stood second only
to Canada in the
percentage of 35
to 64 year olds
holding at least
two-year degrees.

Top Ten Universities of U.S in 2010

Rank

University

Harvard University

Princeton University

Yale University

California Institute of Technology

Massachusetts Institute of Technology

Stanford University

University of Pennsylvania

Columbia University

The University of Chicago

10

Duke University

Unemployment in U.S

Unemployment
Unemployment rate as a percentage of the labor
force in the United States according to the U.S.
Bureau of Labor Statistics

In May 2009, the unemployment rate was 9.4%.A

broader measure of unemployment (taking into

account marginally attached workers, those
employed part time for economic reasons, and
discouraged workers) was 15.9%.

Female unemployment continued to be

significantly lower than male
unemployment (7.5% vs. 9.8%). The
unemployment among African-Americans
continues to be much higher than white
unemployment (at 14.9% vs. 8.6%). The
youth unemployment rate was 18.5% in
July 2009, the highest July rate since 1948.
34.5% of young African American men are
unemployed. Nearly 50% of Detroit's
working-age population is unemployed.

Unemployment data 2008-09

Income and wealth

Income & Wealth

According to the United States Census
Bureau, the pretax median household
income in 2007 was $50,233. The median
ranged from $68,080 in Maryland to $36,338
in Mississippi.
In 2007, the median real annual household
income rose 1.3% to $50,233, according to
the Census Bureau. The real median
earnings of men who worked full time,
year-round climbed between 2006 and
2007, from $43,460 to $45,113. For women,
the corresponding increase was from
$33,437 to $35,102. The median income per
household member (including all working
and non-working members above the age of
14) was $26,036 in 2006.

Income & Wealth

The recently released US Income
Mobility Study showed economic growth
resulted in rising incomes for most
taxpayers over the period from 1996 to
2005. Median incomes of all taxpayers
increased by 24 percent after adjusting
for inflation. The real incomes of twothirds of all taxpayers increased over
this period. Income mobility of
individuals was considerable in the U.S.
economy during the 1996 through 2005
period with roughly half of taxpayers
who began in the bottom quintile
moving up to a higher income group
within 10 years. In addition, the median
incomes of those initially in the lower
income groups increased more than the
median incomes of those initially in the
higher income groups

Income and wealth

According to the United States Census Bureau, the pretax median household
income in 2007 was $50,233. The median ranged from $68,080 in Maryland to
$36,338 in Mississippi.

In 2007, the median real annual household income rose 1.3% to $50,233,
according to the Census Bureau.The real median earnings of men who worked
full time, year-round climbed between 2006 and 2007, from $43,460 to
$45,113. For women, the corresponding increase was from $33,437 to $35,102.
The median income per household member (including all working and nonworking members above the age of 14) was $26,036 in 2006

Income and wealth

The recently released US Income Mobility Study showed
economic growth resulted in rising incomes for most taxpayers
over the period from 1996 to 2005. Median incomes of all
taxpayers increased by 24 percent after adjusting for inflation.
The real incomes of two-thirds of all taxpayers increased over
this period. Income mobility of individuals was considerable in
the U.S. economy during the 1996 through 2005 period with
roughly half of taxpayers who began in the bottom quintile
moving up to a higher income group within 10 years. In
addition, the median incomes of those initially in the lower
income groups increased more than the median incomes of
those initially in the higher income groups.

Finance

Stock Market
The New York Stock Exchange is a
stock exchange located at 11 Wall
Street in lower Manhattan, New
York City, New York, USA.
It is the largest stock exchange in
the world by United States dollar
value of its listed companies'
securities.
As of October 2008, the combined
capitalization of all domestic NYSE
listed companies was US$10.1
trillion.

NASDAQ
NASDAQ, is an American stock
exchange. It is the largest
electronic screen-based equity
securities trading market in the
United States.
With approximately 3,800
companies and corporations, it has
more trading volume per hour than
any other stock exchange in the
world.

Inflation in America

U.S Inflation rate

2000

2.7

3.2

3.8

3.1

3.2

3.7

3.7

3.4

3.5

3.4

3.4

3.4

3.4

2001

3.7

3.5

2.9

3.3

3.6

3.2

2.7

2.7

2.6

2.1

1.9

1.6

2.8

2002

1.1

1.1

1.5

1.6

1.2

1.1

1.5

1.8

1.5

2.0

2.2

2.4

1.6

2003

2.6

3.0

3.0

2.2

2.1

2.1

2.1

2.2

2.3

2.0

1.8

1.9

2.3

2004

1.9

1.7

1.7

2.3

3.1

3.3

3.0

2.7

2.5

3.2

3.5

3.3

2.7

2005

3.0

3.0

3.1

3.5

2.8

2.5

3.2

3.6

4.7

4.3

3.5

3.4

3.4

2006

4.0

3.6

3.4

3.5

4.2

4.3

4.1

3.8

2.1

1.3

2.0

2.5

3.2

2007

2.1

2.4

2.8

2.6

2.7

2.7

2.4

2.0

2.8

3.5

4.3

4.1

2.8

2008

4.3

4.0

4.0

3.9

4.2

5.0

5.6

5.4

4.9

3.7

1.1

0.1

3.8

2009

0.0

0.2

-0.4

-0.7

-1.3

-1.4

-2.1

-1.5

-1.3

-0.2

1.8

2.7

-0.4

Currency and Central Bank

Currency and Central Bank

The United States dollar is the unit of currency of the
United States. The U.S. dollar is the currency most
used in international transactions. Several countries
use it as their official currency, and in many others it is
the de facto currency.
The federal government attempts to use both monetary
policy (control of the money supply through
mechanisms such as changes in interest rates) and
fiscal policy (taxes and spending) to maintain low
inflation, high economic growth, and low
unemployment. A relatively independent central bank,
known as the Federal Reserve, was formed in 1913 to
provide a stable currency and monetary policy. The
U.S. dollar has been regarded as one of the most stable
currencies in the world and many nations back their
own currency with U.S. dollar reserves.

Currency and Central Bank

During the last few years, the U.S.
dollar has gradually depreciated in
value and its reserve currency status is
no longer as high as previously. With
increased US debt, policy that's
weakening the dollar and the EU signing
the Lisbon Treaty, the dollar is less of a
global currency standard.
The dollar used gold standard and/or
silver standard from 1785 until 1975,
when it became a fiat currency.

Taxation & Govt. Involvement

Regulations
The U.S. federal government regulates private
enterprise in numerous ways. Regulation falls
into two general categories.

the government has sought to prevent

monopolies.

Another form of economic regulation,

antitrust law.

Bank regulation in the United States is

highly fragmented compared to other G10
countries where most countries have only
one bank regulator.

Other Regulations

Occupational Safety and Health Administration.

United States Environmental Protection Agency.

Food and Drug Administration.

economic deregulation during the 1970s,

1980s, and 1990s.

The 1998 Tobacco Master Settlement

Agreement

Taxation in the United States

taxation
Taxation in the United States is a complex

system which may involve payment to at least four

different levels of government and many methods
of taxation.

United States taxation includes local

government, possibly including one or more
of municipal, township, district and county
governments.

The National Bureau of Economic Research has

concluded that the combined federal, state, and
local government average marginal tax rate for
most workers to be about 40% of income.

The Tax Foundation concluded that

government at all levels will collect 30.8% of
the nation's income for 2008

Sectors

Energy Sector of the United States

TheUnitedStatesisthelargestenergy
consumerintermsoftotaluse,using100
quadrillionBTUs
(105exajoules,or29000TWh)in2005.
TheU.S.ranksseventhinenergyconsumption
percapitaafterCanadaandanumberofsmall
countries.
Themajorityofthisenergyisderivedfrom
fossilfuels:in2005,itwasestimatedthat40%of
thenation'senergycamefrompetroleum,23%
fromcoal,and23%fromnaturalgas.Nuclear
powersupplied8.4%andrenewableenergy
supplied6.8%,whichwasmainlyfrom
hydroelectricdamsalthoughotherrenewables
areincludedsuchasgeothermalandsolar
energy.

Oil
American dependence on oil
imports grew from 24% in
1970 to 65% by the end of
2004.
At the current rate of
unchecked import growth,
the US would be 70% to 75%
reliant on foreign oil by the
middle of the next decade.
Transportation has the
highest consumption rates,
accounting for
approximately 68.9% of the
oil used in the United States
in 2006, and 55% of oil use
worldwide.

Agriculture
Agriculture is a major industry
in the United States and the
country is a net exporter of
food. The United States
controls almost half of world
grain exports.
Products include wheat, corn,
other grains, fruits,
vegetables, cotton; beef,
pork, poultry, dairy products;
forest products; fish.

Manufacturing
USA is the leading manufacturer
in the world with a 2007
industrial output of
US$2,696,880 millions. Main
industries are petroleum,

steel, motor vehicles,

aerospace,
telecommunications,
chemicals, electronics,
food processing,
consumer goods, lumber,
mining. A total of 3.2 million

one in six U.S. factory jobs

have disappeared since the start
of 2000

Imports and Exports of U.S

Exports of America

Americas Top Exports to Other Countries in 2008

Civilian aircraft US$74 billion, up 1.3% from 2007 (5.7% of total US exports).

Semiconductors $50.6 billion, up 0.3% (3.9%)

Passenger cars $49.6 billion, up 13.3% (3.9%)

Medicinal, dental and pharmaceutical preparations $40.4 billion, up 15% (3.1%)

Other vehicle parts and accessories $39.9 billion, down 10.1% (3.1%)

Other industrial machinery $38.1 billion, down 0.6% (3%)

Fuel oil $34.9 billion, up 124.1% (2.7%)

Organic chemicals $33.4 billion, up 5.5% (2.6%)

Telecommunications equipment $32.9 billion, up 4.6% (2.6%)

Plastic materials $31.6 billion, up 8.7% (2.5%).

Fastest-Growing U.S. Exports to Other Countries in 2008

Fuel oil US$34.9 billion, up 124.1% from 2007

Metallurgical grade coal $5.8 billion, up 97.8%

Chemical fertilizers $10.8 billion, up 71%

Other coal and fuels $2.8 billion, up 66.6%

Non-farm tractors and parts $3.4 billion, up 62.2%

Rice $2.3 billion, up 57.1%

Oilseeds and food oils $3.2 billion, up 56.8%

Natural gas liquids $3.3 billion, up 54.7%

Natural gas $4.9 billion, up 54.6%

Un manufactured goods from agricultural industry $3.3 billion, up 53.8%.

Fastest-Declining U.S Exports

Audio and video media ... US$584.3 million (down 67.5% from 2006, down 56.6% from 2003)

Metalworking machine tools ... $6.7 billion (down 29.3%, down 27.8%)

Computer accessories ... $29.4 billion (down 18.7%, down 6.1%)

Manufactured tobacco ... $1.2 billion (down 15.1%, down 38.5%)

Complete military aircraft ... $4 billion (down 10.5%, up 85%)

Textile apparel and household goods ... $4.7 billion (down 9.3%, down 20.5%)

Cotton fiber cloth ... $2.9 billion (down 9%, up 2.2%)

Military apparel and footwear ... $654.3 million (down 5.6%, down 22.6%)

Pulp and paper machinery ... $2.7 billion (down 5.4%, up 13.7%)

Aircraft launching gear ... $329.8 million (down 4.4%, up 92.4%)

Electric energy ... $991 million (down 4.3%, up 31.1%)

Semiconductors ... $50.2 billion (down 4.3%, up 8.8%).

Overall American Exports Analysis

Generating a Gross Domestic Product

(GDP) valued at US$14.265 trillion,
America was the worlds richest
country in 2008 based on economic
output.

With a population of 307.2 million

Americans who enjoyed an average
GDP of $47,000 per person last year,
America was also the 10th wealthiest
nation in terms of GDP per capita.

Americas largest export clients were

Canada (20.1%), Mexico (11.7%),
China (5.5%), Japan (5.1%), Germany
(4.2%) and the United Kingdom
(4.1%).

America Exported $74 Billion in Civilian Aircraft

America Exported $50.6 Billion in Semiconductors

Imports of America

Americas Top Imports from Other Countries

Crude oil US$341.9 billion, up 44.1% from 2007 (16.3% of total US imports)

Passenger cars $125.6 billion, down 6.2% (6%)

Medicinal, dental and pharmaceutical preparations $78.9 billion, up 10% (3.8%)

Other vehicle parts and accessories $64.9 billion, down 11.5% (3.1%)

Other household goods $61.6 billion, up 9.9% (2.9%)

Computer accessories $60.2 billion, down 4.5% (2.9%)

Other petroleum products $52.3 billion, up 8.2% (2.5%)

Cotton apparel and household goods $49.5 billion, down 2.7% (2.4%)

Telecommunications equipment $44.8 billion, up 1.1% (2.1%)

Video equipment (television receivers, VCRs, DVD players) $41 billion, up 3% (1.9%).

Fastest-Growing U.S. Imports from Other Countries

Numismatic collectible coins US$1.3 billion, up 268.6%

Sulfur and non-metallic minerals $1.8 billion, up 105.9%

Other coal and related fuels $4.7 billion, up 86.7%

Fertilizers and pesticides $15.1 billion, up 58.5%

Food oils and oilseeds $5.3 billion, up 58%

Oilfield and drilling equipment $12.5 billion, up 57%

Feedstuff and food grains $4.5 billion, up 54.4%

Other non-agricultural foods and additives $709.4 million, up 53.6%

Un manufactured steelmaking materials $10.8 billion, up 48%

Crude oil $341.9 billion, up 44.1%.

Imports of U.S

US Imports $342 Billion in

Crude Oil for 2008

America Paid $125.6 Billion for Foreign Cars

US Imported $60.2 Billion in Computer

The impact on economy of America after 9-11-2001 attack