In its annual Global Competitiveness Report, the World Economic Forum has named the United States as the most competitive economy in the world.
Under the new framework for competitiveness, the U.S. economy is the closest to the "competitiveness frontier", followed by Singapore, Germany, Switzerland, and Japan, says the closely-watched Report, which was published on Wednesday.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.