technological advancement innovation artificial intelligence computers pharmaceuticals medical aerospace military equipment natural resources high productivity US$ household employee OECD median household income state income military states
The United States is at or near the forefront of technological advancement and innovation in many economic fields, especially in artificial intelligence; computers; pharmaceuticals; and medical, aerospace and military equipment. The nation's economy is fueled by abundant natural resources, a well-developed infrastructure, and high productivity. It has the second-highest total-estimated value of natural resources, valued at US$44.98 trillion in 2019, although sources differ on their estimates. Americans have the highest average household and employee income among OECD member states, and the fourth-highest median household income, up from sixth-highest in 2013.
