About the USA

 

The United States of America ( US, USA or America) is a federal constitutional republic comprising fifty states and a federal district. The US exercises global economic, political, and military influence with New York hosting the United Nations headquarters.

Population

The United States population is projected by the US Census to be 308,712,000 including an estimated 11.2 million illegal immigrants.  At 3.79 million square miles (9.83 million km2) , the US is the third largest country by land area and population.

It is one of the world’s most ethnically diverse and multicultural nations, the product of large-scale immigration from many countries.  The United States is the only industrialized nation in which large population increases are projected. 

The increase in population leads to more demand for rental properties.

Economy

The U.S. economy is the largest national economy in the world, with an estimated gross domestic product (GDP) of  $14.4 trillion (a quarter of nominal global GDP and a fifth of global GDP at purchasing power parity (PPP). According to the International Monetary Fund, the US GDP of $14.4 trillion constitutes 24% of the gross world product and almost 21% of the gross world product at PPP.  The largest national GDP in the world, it was about 5% less than the combined GDP of the European Union at PPP in 2008.

In the third quarter of 2009, the American labour force comprised 154.4 million people. Of those employed, 81% had jobs in the service sector. With 22.4 million people, the government is the largest employer.

The sheer size of the economy and number of people in jobs indicates a large market of potential tenants requiring rental properties from investors.

Contact us today to find out more

Contact us now to find out how you can profit from property. A member of our team will be able to answer any questions you may have and get you started on your investment goals.

Call +44(0) 1322 436385 or 07956 629744

Email : info@menvoltd.com