Economic strength and stability – The U.S. economy is less than 1.5 times larger than China’s, but per capita consumption in the U.S. is 12 times greater than in China. This simply means more goods and services are available per consumer, and they are in a better position to buy them.
Productivity – Many businesses consider increased consumption to be the holy grail, but to economists, the key to growth, both long and short term, is productivity. Despite the low-productivity world in which we currently live, U.S. labor and capital productivity stand out among its peers.
A business-friendly regulatory environment – Some of the foundational ways that is pursued include lowering the cost of doing business, shortening the timeframe for federal project review, and reducing and simplifying regulations that are deemed unnecessary or economically harmful.
Commitment to objective jurisprudence – The U.S. judicial system is built upon a tradition of fair adjudication, recognizing the value of ensuring a robust intellectual property system.
Receptivity to foreign investment – Many U.S. states actively work to encourage FDI through various financial incentive and tax credit programs as well as targeted legislation designed to address specific company priorities. A more competitive federal corporate tax rate only fortifies this scenario.