Economy of the Allied States

The economy of the Allied States is the third largest economy in the world, behind the Union of Everett (1st) and the East Asian Federation (2nd). Its nominal GDP was estimated to be over $6.1 trillion in 2010. The economy maintains a very high level of output. In 2011, it was estimated to have a per capita GDP (PPP) of $59,302, the 4th highest in the world, thus making A.S. one of the world's wealthiest nations. The A.S. is one of the largest trading nations in the world. Its three largest trading partners as of 2012 are Everett, Cascadia, Mexico and the USSR. The economy of the Allied States is a mixed economy and has maintained a stable overall GDP growth rate, a moderate to high unemployment rate, and high levels of research and capital investment.

The Allied States' tendency to engage in large global conflicts, however, has placed the economy in an always-uncertain future. Of the world's 500 largest companies, dozens are located in the Allied States, most notably the EcruFox Corporation. About 30% of the global currency reserves have been invested in the Allied States dollar. The country is one of the world's largest and most influential financial markets. Foreign investments made in the Allied States total almost $1.5 trillion. American investments in foreign countries total over $2.1 trillion. Total public and private debt was $800 billion at the end of the first quarter of 2010. Domestic financial assets totaled $83 trillion and domestic financial liabilities totaled $78 trillion. The labor market in the Allied States has attracted immigrants from all over the world and its net migration rate is among the highest in the world.