Market Research
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© BPLanExperts.com
Top 10 states with high population:
States
Apportionment Population 2010
California
37,341,989
Texas
25,268,418
New York
19,421,055
Florida
18,900,773
Illinois
12,864,380
Pennsylvania
12,734,905
Ohio
11,568,495
Michigan
9,911,626
Georgia
9,727,566
North Carolina
9,565,781
Population of a few popular cities
State
Apportionment Population 2009
Los Angeles
9,848,011
San Francisco
815,358
New York
1,629,054
Boston
645,169
Seattle
616,627
Washington D.C.
599,657
Economy of USA
The US has the largest and most technologically powerful economy in the world, with a per capita
GDP of $47,400. In this market-oriented economy, private individuals and business firms make most
of the decisions, and the federal and state governments buy needed goods and services
predominantly in the private marketplace. US business firms enjoy greater flexibility than their
counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus
workers, and to develop new products. At the same time, they face higher barriers to enter their
rivals' home markets than foreign firms face entering US markets. US firms are at or near the
forefront in technological advances, especially in computers and in medical, aerospace, and military
equipment; their advantage has narrowed since the end of World War II.
The onrush of technology largely explains the gradual development of a "two-tier labor market" in
which those at the bottom lack the education and the professional/technical skills of those at the
top and, more and more, fail to get comparable pay raises, health insurance coverage, and other
benefits. Since 1975, practically all the gains in household income have gone to the top 20% of
households. The war in March-April 2003 between a US-led coalition and Iraq, and the subsequent
occupation of Iraq, required major shifts in national resources to the military. Soaring oil prices
