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Executives | |
Chief Of State And Head Of Government Head Of Government: | President William Jefferson Clinton (since 20 January 1993) |
Vice President: | Vice President Albert Gore, Jr. (since 20 January 1993) |
Last Presidential Election: | November 5, 1996 | Next Presidential Election: | November 7, 2000 |
Cabinet (appointed by the President) |
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Department of Agriculture | Secretary of Agriculture Dan Glickman |
Department of Commerce | Secretary of Commerce William M. Daley, |
Department of Defense | Secretary of Defense William S. Cohen |
Department of Education | Secretary Of Education Richard W. Riley |
Department of Energy | Secretary of Energy Federico Peña |
Department of Health and Human Services | Secretary of Health and Human Services Donna E. Shalala |
Department of Housing and Urban Development | Secretary of Housing and Urban Development Andrew Cuomo |
Department of Interior | Secretary of the Interior Bruce Babbitt |
Department of Justice | Attorney General Janet Reno |
Department of Labor | Secretary of Labor Alexis M. Herman |
Department of State | Secretary of State Madeleine K. Albright |
Department of Transportation | Secretary of Transportation Rodney Slater |
Department of Treasury | Secretary of the Treasury Robert E. Rubin |
Department of Veterans Affairs | Acting Secretary of Veterans Affairs Togo D. West, Jr. |
Central Bank Governor: | Alan Greenspan |
Sherpa: | James B. Steinberg, Personal Representative |
Senate (100 seats, one-third are renewed every two years; two members are elected from each state by popular vote to serve six-year terms) | |
Ruling Party | Republican Party 55 |
Opposition Party | Democratic Party 45 |
Date of last Senatorial Elections: | 5 November 1996 |
Date of next Senatorial elections: | 2 November 1998 |
House of Representatives (435 seats; members are directly elected by popular vote to serve two-year terms) | Speaker of the House: | Newt Gingrich |
Ruling Party: | Republican Party 227 |
Opposition Party: | Democratic Party 205 |
Date of last House of Representatives Elections: | 5 November 1996 |
Date of next House of Representatives Elections: | 2 November 1998 |
Economy | |
GDP: | 1996: US$ 7.61 trillion (est.) 1997: US$ bn. |
Population : | 267,954,764 (July 1997 est.) |
GDP Per Capita—Purchasing Power Parity: | $28,600 (1996 est.) |
GDP Real Growth Rate: | 2.4% (1996 est.) |
Inflation Consumer Price Index: | 3% (1996 est.) |
Workforce: | 133.943 million (includes unemployed) (1996) |
Unemployment Rate: | 4.7% (Mar 1998) |
Bank Prime: | 8.5% (April 15, 1998) |
Exchange Rate: | 108.9 (April 15, 1998) |
Current Account: | - $166.4 bn (Latest 12 Months) |
Trade Surplus: | - $199.4 bn (Latest 12 Months) |
Foreign Direct Investment (1996): | |
Budget Deficit (1997): | |
Government Debt External: | $862 billion (1995 est.) |
Foreign Aid—Donor: | ODA, $9.721 bn (1993) |
Total Export Value: | $584.7 billion (f.o.b., 1995) |
3 Major Exports (1996): | Capital Goods, Automobiles, Industrial Supplies And Raw Materials, Consumer Goods, Agricultural Products |
Main Destination Of Exports (1996): | Canada 22%, Western Europe 21%, Japan 11%, Mexico 8% (1995) |
Total Import Value | $771 Billion (C.I.F., 1995) |
3 Major Imports (1996): | Crude Oil And Refined Petroleum Products, Machinery, Automobiles, Consumer Goods, Industrial Raw Materials, Food And Beverages |
Main Origins Of Imports (1996): | Canada, 20%, Western Europe 18%, Japan 16.5%, Mexico 8% (1995) |
Prepared by Paul Skippen,
University of Toronto G8 Research Group, May 1998.
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