Trade on U.S. Economy
By Nico Brigada
Debt
- $19.3 trillion
- 34% is held by foreign investors
- 28% federal accounts
Gross Domestic Product
- 2014: $17.419 trillion
- Value of finished product produced within the nation's borders and during a specific time
- Consumption
- Investment
- Government Spending
- Net Exports
- High GDP, High Incomes, Higher Tax Revenue
Gross National Product
- 2015: $16.6317 trillion
- Measure of nations total economic activity
- US businesses outside of United States
- Foreign businesses inside of United States
Imports
- One of worlds largest importers
- Capital goods and consumer goods
- February 2015: $239 million
- February 2016: $217 million
Exports
- North America
- Central America
- South America
- Canada: $241 billion
Jobs
- Thousands of jobs for businesses that export
- More workers, more taxes (IRS minimum)
- High imports, companies out of business
- less jobs