11122018Mon
Last updateMon, 12 Nov 2018 5pm

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Manufacturing & The Economy

U.S. Tops Global Competitiveness Ranking

With a score of 85.6 out of 100, the U.S. is no. 1 in the World Economic Forum’s Global Competitiveness Report. It notably leads the Business dynamism pillar, thanks to its vibrant entrepreneurial culture, the Labor market pillar (score of 81.9 out of 100) and the Financial system (92.1) pillar. These are among the several factors that contribute to making the U.S.’ innovation ecosystem one of the best in the world (86.5, 2nd behind Germany). The country’s institutional framework also remains relatively sound (74.6, 13th). However, there are indications of a weakening social fabric (63.3, down from 65.5) and worsening security situation (79.1, 56th). 

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