United States: Selected Issues

This Selected Issues paper presents updated IMF staff estimates of potential output growth for the United States, using data through 2001 that incorporates the full cyclical upswing of the 1990s and the subsequent mild recession, as well as taking into account the revisions to the national accounts released in July 2000. The paper also reviews recent investment trends and provides estimates of the extent to which the capital stock has deviated from its long-term equilibrium.
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Volume/Issue: Volume 2002 Issue 165
Publication date: August 2002
ISBN: 9781451839548
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Topics covered in this book

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Business and Economics , Exports and Imports , Taxation - General , ISCR , CR , earnings , firm , spending , TFP growth , trend TFP , policy action , company official , interest rate cut , BEA rule , NBER recession index , Stocks , Budget planning and preparation , Potential output , Tariffs , Productivity , Global , Western Hemisphere , Sub-Saharan Africa , Middle East , East Africa

Summary

This Selected Issues paper presents updated IMF staff estimates of potential output growth for the United States, using data through 2001 that incorporates the full cyclical upswing of the 1990s and the subsequent mild recession, as well as taking into account the revisions to the national accounts released in July 2000. The paper also reviews recent investment trends and provides estimates of the extent to which the capital stock has deviated from its long-term equilibrium.