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2010 OECD Economic Surveys: United States 2010

image of OECD Economic Surveys: United States 2010

OECD's 2010 review of the US economy.  This edition looks at rebalancing the economy following the crisis, restoring fiscal sustainability, and the special feature covers implementing cost-effective policies to mitigate climate change.

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Assessment and recommendations

The economic recovery in the United States from arguably the most significant recession since the Great Depression of the 1930s is underway amid substantial economic stimulus (Table 1). Real output has grown at a notable pace since the third quarter of 2009 and net job gains, which typically lag output, turned positive at the start of 2010.

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