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Time Time
Wednesday, November 06, 2024 Capital: Washington, D.C.
Time Zone Time Zone
UTC-11:00 - UTC-05:00
Time Difference Time Difference
Washington, D.C., United States is ()
Daylight Savings Time Daylight Savings Time
United States does not follow DST
Weather Weather
City Calling Code
Mesa, Arizona+1-480/928
Phoenix, Arizona+1-480/520/602/623/928
Tucson, Arizona+1-520
Fresno, California+1-209/559
Long Beach, California+1-310/323/424/562/714
Los Angeles, California+1-213/310/323/424/562/626/818
Oakland, California+1-415/510/530/925
Sacramento, California+1-530/916
San Diego, California+1-442/619/760/818
San Francisco, California+1-415/510/650
San Jose, California+1-408/510/650
Colorado Springs, Colorado+1-719
Denver, Colorado+1-303/720
Washington, District of Columbia+1-202
Jacksonville, Florida+1-904
Miami, Florida+1-305/786
Atlanta, Georgia+1-404/678/770
Chicago, Illinois+1-217/224/312/630/708/773/815/847/872
Indianapolis, Indiana+1-317
Wichita, Kansas+1-316/620
Louisville, Kentucky+1-502
New Orleans, Louisiana+1-504/985
Baltimore, Maryland+1-240/301/410/443
Boston, Massachusetts+1-339/508/617/774/781/857/978
Detroit, Michigan+1-248/313/586/734
Minneapolis, Minnesota+1-612/651/763/952
Kansas City, Missouri+1-660/816
Omaha, Nebraska+1-402
Las Vegas, Nevada+1-702/775
Albuquerque, New Mexico+1-505
New York, New York+1-347/646/917/929/718/212
Charlotte, North Carolina+1-704/980
Raleigh, North Carolina+1-919
Columbus, Ohio+1-220/614/740
Oklahoma City, Oklahoma+1-405/580
Tulsa, Oklahoma+1-918
Portland, Oregon+1-503/971
Philadelphia, Pennsylvania+1-215/267/484/610
Memphis, Tennessee+1-901
Nashville, Tennessee+1-615
Arlington, Texas+1-682/817/972
Austin, Texas+1-512
Dallas, Texas+1-314/469/682/817/972
El Paso, Texas+1-915
Fort Worth, Texas+1-314/682/817/972
Houston, Texas+1-281/713/832
San Antonio, Texas+1-210
Virginia Beach, Virginia+1-757
Seattle, Washington+1-206/253/360/425
Milwaukee, Wisconsin+1-262/414/920
Country NameUnited States
ContinentNorth America
Lat/Long37.09024000, -95.71289100
BackgroundBritain's American colonies broke with the mother country in 1776 and were recognized as the new nation of the United States of America following the Treaty of Paris in 1783. During the 19th and 20th centuries, 37 new states were added to the original 13 as the nation expanded across the North American continent and acquired a number of overseas possessions. The two most traumatic experiences in the nation's history were the Civil War (1861-65), in which a northern Union of states defeated a secessionist Confederacy of 11 southern slave states, and the Great Depression of the 1930s, an economic downturn during which about a quarter of the labor force lost its jobs. Buoyed by victories in World Wars I and II and the end of the Cold War in 1991, the US remains the world's most powerful nation state. Since the end of World War II, the economy has achieved relatively steady growth, low unemployment and inflation, and rapid advances in technology.
Population323,995,528 (July 2016 est.)
LanguagesEnglish 79.2%, Spanish 12.9%, other Indo-European 3.8%, Asian and Pacific island 3.3%, other 0.9% (2011 est.)
ReligionsProtestant 46.5%, Roman Catholic 20.8%, Mormon 1.6%, Jehovah's Witness 0.8%, other Christian 0.9%, Jewish 1.9%, Muslim 0.9%, Buddhist 0.7%, Hindu 0.7%, other 1.8%, unaffiliated 22.8%, don't know/refused 0.6% (2014 est.)
Ethnic GroupsWhite 79.96%, black 12.85%, Asian 4.43%, Amerindian and Alaska native 0.97%, native Hawaiian and other Pacific islander 0.18%, two or more races 1.61% (July 2007 estimate)
EconomyThe US has the most technologically powerful economy in the world, with a per capita GDP of $57,300. US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed since the end of World War II. Based on a comparison of GDP measured at Purchasing Power Parity conversion rates, the US economy in 2014, having stood as the largest in the world for more than a century, slipped into second place behind China, which has more than tripled the US growth rate for each year of the past four decades.

In the US, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, businesses face higher barriers to enter their rivals' home markets than foreign firms face entering US markets.

Long-term problems for the US include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits.

The onrush of technology has been a driving factor in the gradual development of a "two-tier" labor market in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. But the globalization of trade, and especially the rise of low-wage producers such as China, has put additional downward pressure on wages and upward pressure on the return to capital. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income.

Imported oil accounts for nearly 55% of US consumption and oil has a major impact on the overall health of the economy. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. Because the US economy is energy-intensive, falling oil prices since 2013 have alleviated many of the problems the earlier increases had created.

The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the US into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, the US Congress established a $700 billion Troubled Asset Relief Program (TARP) in October 2008. The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009, Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012, the Federal Government reduced the growth of spending and the deficit shrank to 7.6% of GDP. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries.

Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2014, the direct costs of the wars totaled more than $1.5 trillion, according to US Government figures.

In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million Americans by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on healthcare - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010.

In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight.

In December 2012, the Federal Reserve Board (Fed) announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short term rates near zero until unemployment dropped below 6.5% or inflation rose above 2.5%. In late 2013, the Fed announced that it would begin scaling back long-term bond purchases to $75 billion per month in January 2014 and further reduce them as conditions warranted; the Fed ended the purchases during the summer of 2014. In 2014, the unemployment rate dropped to 6.2%, and continued to fall to 5.5% by mid-2015, the lowest rate of joblessness since before the global recession began; inflation stood at 1.7%, and public debt as a share of GDP continued to decline, following several years of increases. In December 2015, the Fed raised its target for the benchmark federal funds rate by 0.25%, the first increase since the recession began, but the Fed has opted to hold the target rate steady at 0.25%-0.5% through the first three quarters of 2016, with US GDP growth falling below 2% in each of those quarters.
GDP$18.56 trillion (2016 est.)
CurrencyDollar
Internet TLD.us
Internet Users239.58 million
Land Lines121.991 million
Mobile Phones382.307 million
Broadcast Media4 major terrestrial TV networks with affiliate stations throughout the country, plus cable and satellite networks, independent stations, and a limited public broadcasting sector that is largely supported by private grants; overall, thousands of TV stations broadcasting; multiple national radio networks with many affiliate stations; while most stations are commercial, National Public Radio (NPR) has a network of some 600 member stations; satellite radio available; overall, nearly 15,000 radio stations operating (2008)