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Economy The United States has a capitalist-mixed economy,which is fueled by abundant natural resources,a well-developed infrastructure,and high productivity.The United States is the largest importer of goods and the third largest exporter,Canada,China, Mexico,Japan,and Germany are its top trading partners.The leading export commodity is electrical machinery,while vehicles constitute the leading import.The United States tops the overall ranking in the Global Competitiveness Report[12]. After an expansion that lasted just over six years,the U.S.economy has been in recession since December 2007.Economy The United States has a capitalist-mixed economy, which is fueled by abundant natural resources, a well-developed infrastructure, and high productivity. The United States is the largest importer of goods and the third largest exporter, Canada, China, Mexico, Japan, and Germany are its top trading partners. The leading export commodity is electrical machinery, while vehicles constitute the leading import. The United States tops the overall ranking in the Global Competitiveness Report[12]. After an expansion that lasted just over six years, the U.S. economy has been in recession since December 2007
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