The United States of America is the world’s largest economy by nominal GDP and is the third most populous nation on earth. The country is comprised of 50 states, one of which is the island of Hawaii. The mainland United States is over twice the size of the European Union.
The USA is a cultural melting pot, with people from virtually every country calling the country home. Throughout the country’s history, the USA has been a nation of immigrants. European settlers first came to the ‘New World’ in the early 17th century, establishing colonies that displaced the Native American population. The USA secured independence from British rule in 1776, and proceeded to become the pre-eminent global superpower.
The USA’s economic standing is powered by the services industries. Key sectors include real estate, finance and insurance (JPMorgan Chase & Co, Bank of America Corp, Wells Fargo & Co, Citigroup Inc, and The Goldman Sachs Group Inc are the main players), healthcare (in 2024 healthcare spending in the USA was estimated at $4.3 trillion) and retail (including Walmart, Costco and Target). Technology services are an increasingly important industry (18% of total GDP), and the USA has been a leading exporter of technology since the late 19th century. The largest American technology services include Microsoft, Alphabet (Google’s parent company), Apple, Amazon, NVIDIA and Meta. Amongst the world’s top 10 companies by annual revenue, 60% are American.
As well as assisting US corporations to carry out research in Europe, the Middle East and Asia, FieldworkHub also carries out research in the USA with capabilities in all major metro areas including New York, Chicago, Los Angeles, Dallas and Washington DC.