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Country Report

United States

~ United States Contents ~ Country Objectives ~

Political Data

Executives ~ Cabinet ~ Senate ~ House of Representatives ~ Economy

Chief Of State And Head Of Government Head Of Government: President William Jefferson Clinton
(since 20 January 1993)
Vice President: Vice President Albert Gore, Jr.
(since 20 January 1993)
Last Presidential Election: November 5, 1996
Next Presidential Election: November 7, 2000
(appointed by the President)
Department of Agriculture Secretary of Agriculture Dan Glickman
Department of Commerce Secretary of Commerce William M. Daley,
Department of Defense Secretary of Defense William S. Cohen
Department of Education Secretary Of Education Richard W. Riley
Department of Energy Secretary of Energy Federico Peña
Department of Health and Human Services Secretary of Health and Human Services Donna E. Shalala
Department of Housing and Urban Development Secretary of Housing and Urban Development Andrew Cuomo
Department of Interior Secretary of the Interior Bruce Babbitt
Department of Justice Attorney General Janet Reno
Department of Labor Secretary of Labor Alexis M. Herman
Department of State Secretary of State Madeleine K. Albright
Department of Transportation Secretary of Transportation Rodney Slater
Department of Treasury Secretary of the Treasury Robert E. Rubin
Department of Veterans Affairs Acting Secretary of Veterans Affairs Togo D. West, Jr.
Central Bank Governor: Alan Greenspan
Sherpa: James B. Steinberg, Personal Representative
(100 seats, one-third are renewed every two years; two members are elected from each state by popular vote to serve six-year terms)
Ruling Party Republican Party 55
Opposition Party Democratic Party 45
Date of last Senatorial Elections: 5 November 1996
Date of next Senatorial elections: 2 November 1998
House of Representatives
(435 seats; members are directly elected by popular vote to serve two-year terms)
Speaker of the House: Newt Gingrich
Ruling Party: Republican Party 227
Opposition Party: Democratic Party 205
Date of last House of Representatives Elections: 5 November 1996
Date of next House of Representatives Elections: 2 November 1998
GDP: 1996: US$ 7.61 trillion (est.) 1997: US$ bn.
Population : 267,954,764 (July 1997 est.)
GDP Per Capita—Purchasing Power Parity: $28,600 (1996 est.)
GDP Real Growth Rate: 2.4% (1996 est.)
Inflation Consumer Price Index: 3% (1996 est.)
Workforce: 133.943 million (includes unemployed) (1996)
Unemployment Rate: 4.7% (Mar 1998)
Bank Prime: 8.5% (April 15, 1998)
Exchange Rate: 108.9 (April 15, 1998)
Current Account: - $166.4 bn (Latest 12 Months)
Trade Surplus: - $199.4 bn (Latest 12 Months)
Foreign Direct Investment (1996):
Budget Deficit (1997):
Government Debt External: $862 billion (1995 est.)
Foreign Aid—Donor: ODA, $9.721 bn (1993)
Total Export Value: $584.7 billion (f.o.b., 1995)
3 Major Exports (1996): Capital Goods,
Industrial Supplies And Raw Materials,
Consumer Goods,
Agricultural Products
Main Destination Of Exports (1996): Canada 22%,
Western Europe 21%,
Japan 11%,
Mexico 8% (1995)
Total Import Value $771 Billion (C.I.F., 1995)
3 Major Imports (1996): Crude Oil And Refined Petroleum Products,
Consumer Goods,
Industrial Raw Materials,
Food And Beverages
Main Origins Of Imports (1996): Canada, 20%,
Western Europe 18%,
Japan 16.5%,
Mexico 8% (1995)

Prepared by Paul Skippen, University of Toronto G8 Research Group, May 1998.

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