IMF Staff Country Reports

United States: Staff Report for the 1999 Article IV Consultation

Publication Date:

August 6, 1999

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 1999 Article IV Consultation highlights that the U.S. real GDP grew by 3.9 percent in 1998, reflecting buoyant consumption and investment spending. In the first quarter of 1999, real GDP grew by 4.3 percent (annual rate) before slowing to 2.3 percent in the second quarter. Consumption has been boosted by a sharp fall in personal saving, with the ratio of personal saving to personal disposable income declining to ½ percent in 1998, and turning negative in the first quarter of 1999.

Series:

Country Report No. 1999/076

Subject:

Administration in revenue administration Budget planning and preparation Financial institutions Financial markets Public financial management (PFM) Revenue administration Securities Stock markets Stocks

Notes:

Contains the text of Public Information Notice No. 99/70 IMF Concludes Article IV Consultation with the United States