But saying that the US economy is the largest in the world and that it is massive doesn’t do it justice.
I think a real life example will drive home just how big the US economy is.
To create this example let’s start by saying that the US economy is the sum total of the size of its 50 state economies (plus territories and districts).
So it’s like 50 little economies contributing to one big one.
But it’s not so little
But calling any US state economy “little” would be a mistake of international proportions.
Many of the state economies are as big as some large international economies.
In fact a 2016 article by Newsweek found the following economies were about the same size:
California and France
Texas and Brazil
New York and Canada
It’s a bit shocking!!
It’s actually a bit shocking to think the economy of a single US state could be the size of the economy of a major international player. But it’s true many times over – all throughout the US.
And this is good for you!
The good news is this means opportunity for you. As you get your US operations down there is tons of room for expansion – likely more room for expansion than in your home country and you can keep expanding in that one country.
Ready to take the next step and see if expanding to the US is right for you? Sign-up for our Doing Business in the US Course.
The Our Shawn
P.P.S. If you are enjoying our tips on Doing Business in the US. I also do tips on business planning – which will challenge your thinking on business and cause growth – you can sign-up here.
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