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US Economy - Still Number 1?

Oct 27, 2008

Some surprising info from the Kauffman Foundation's National Dialogue on Entrepreneurship.   I received this on October 27.


Even with more bad economic news every day, it seems many experts still believe “the fundamentals of the American economy are strong.” The latest edition of the annual Global Competitiveness Report continues to rank the US as the world’s most competitive economy. America’s strong performance is attributed to good fundamentals, especially its impressive support systems for innovation. The World Economic Forum researchers expect that these strong market fundamentals will ease the US’ recovery from current market turmoil and macroeconomic weaknesses. Following the US , the top performers are (in rank order): Switzerland, Denmark, Sweden, and Singapore. Readers may also enjoying reviewing the report’s 2nd chapter which presents a comprehensive review of the factors that contribute to nations’ economic competitiveness.

Access the World Economic Forum’s study, The Global Competitiveness Report 2008-2009.

What do you think?  Can the US maintain its position as the number one economy or are we going to fall short?

Posted by Michael Lambert


Mike Lambert

Mike Lambert is the manager of the Wyoming Market Research Center in Laramie, WY.

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