McKinsey Global Institute

Digital America: A tale of the haves and have-mores

– While the most advanced sectors, companies, and individuals push the boundaries of technology use, the US economy as a whole is realizing only 18 percent of its digital potential.


QE and ultra-low interest rates: Distributional effects and risks

– Ultra-low interest rates, in part as a result of central-bank policies since 2007, have had a very different distributional impact... on governments, corporations, financial institutions, and households.

Game changers: Five opportunities for US growth and renewal

– Five catalysts can reignite the US economy—opportunities in energy, trade, technology, infrastructure, and talent development... can add hundreds of billions of dollars to annual GDP and create millions of new jobs by 2020.

Urban America: US cities in the global economy

– US cities dominate their host economy like in no other region and will continue to be important players in the urban world, contributing... more than 10 percent of global GDP growth in the next 15 years.

Building globally competitive cities: The key to Latin American growth

– Latin America's largest cities are under considerable strain. If their performance doesn't improve, they risk dragging down the... region's overall growth trajectory. To sustain growth, urban Latin America needs to emulate best-practice examples at home and around the world.

An economy that works: Job creation and America’s future

– To regain full employment—finding work for the currently unemployed and accommodating 15 million entrants into the labor... force this decade—the US economy will need to create 21 million jobs by 2020.

Growth and renewal in the United States: Retooling America’s economic engine

– To match the GDP growth rates of the past 20 years, the United States needs a 34 percent acceleration in productivity growth to... a rate not achieved since the 1960s.

Growth and competitiveness in the United States: The role of its multinational companies

– US multinationals represent less than 1 percent of all US companies, yet they contribute disproportionately to the US economy's... growth and health in many ways.

Changing the fortunes of America's workforce: A human-capital challenge

– Global economic integration and technological advances have combined to produce permanent changes in the skill levels required... to flourish in the US labor market.

Will US consumer debt reduction cripple the recovery?

– US consumers are spending less and saving more. Unless incomes grow faster, each percentage-point increase in the saving rate... would reduce spending by more than $100 billion—a serious drag on any recovery.

Talkin' 'bout my generation: The economic impact of aging US baby boomers

– A vast majority of US baby boomers are unprepared for retirement. Enabling them to work longer would benefit both individuals... and the economy, but policymakers and business leaders will need to take action.

The US imbalancing act: Can the current account deficit continue?

– The US current account deficit could continue to grow over the next five years. However, to reverse the deficit by 2012, a massive... dollar depreciation would be required.