United States of America (USA) PESTLE Insights - A Macroeconomic Outlook Report
Summary
According to the analyst, in 2021, financial intermediation, real estate and business activities contributed 35.6% towards GVA, followed by mining, manufacturing and utilities (13.1%), and wholesale, retail, hotels (11.5%). The three sectors are forecast to grow by 4.3%, 2.8%, and 4.3%, respectively, in 2022.
New York, Texas, California and Illinois were the major contributing states in the US, According to the analyst in 2021.
The S&P 500 index exhibited an increase over last year. As of January 20, 2022, the index stood at 4,532.7, compared to 3,851.8 on January 20, 2021.
Scope
- The Infrastructure Investment and Jobs Act was signed into a law on November 15, 2021. It envisages $1.2 trillion of investment over next five years, of which $550 billion is earmarked for roads and bridges, water infrastructure, among others.
Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.