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United States
Chamber of Commerce Country Factsheet Last update: 12.07.2018

Your advisors at the Chamber of Commerce

  • Diana Rutledge
    +3227375714
  • Anne-Catherine Fohl
    +352423939372
  • Edith Stein
    +352423939482
Contact us: northamerica@cc.lu

Key Indicators

Area
9,826,675 km2
Population
326,625,791 (July 2017 est.)
Government type
Constitution-based federal republic; strong democratic tradition
Languages
English 79%, Spanish 13%, other Indo-European 3.7%, Asian and Pacific island 3.4%, other 1% (2015 est.)
GDP
$19.36 trillion (2017 est.)
Growth rate
2.2% (2017 est.)
HDI
10
Capital
Washington D.C.

 

Introduction

Britain's American colonies broke with the mother country in 1776 and were recognized as the new nation of the United States of America following the Treaty of Paris in 1783. During the 19th and 20th centuries, 37 new states were added to the original 13 as the nation expanded across the North American continent and acquired a number of overseas possessions. The two most traumatic experiences in the nation's history were the Civil War (1861-65), in which a northern Union of states defeated a secessionist Confederacy of 11 southern slave states, and the Great Depression of the 1930s, an economic downturn during which about a quarter of the labor force lost its jobs. Buoyed by victories in World Wars I and II and the end of the Cold War in 1991, the US remains the world's most powerful nation state. Since the end of World War II, the economy has achieved relatively steady growth, low unemployment and inflation, and rapid advances in technology.

Source: The CIA World Factbook - USA

 

Macroeconomic indicators

Economic growth is strengthening to about 3% largely due to a substantial fiscal boost. Employment growth remains robust which, coupled with buoyant asset prices and strong consumer confidence, is sustaining income and consumption growth. Business investment is projected to strengthen as a result of major tax reform and supportive financial conditions. A pick-up in the world economy is underpinning export growth, although tensions have emerged on how best to reduce barriers to trade. 

Fiscal policy is set to loosen substantially. As spending appropriations are determined, they should prioritise boosting the productive capacity of the economy, such as by supporting infrastructure investment. Fiscal policy combined with structural policies can also help those on the margins of the labour force into employment. As macroeconomic policy rebalances, the projected gradual withdrawal of monetary accommodation is needed to ensure that inflation returns to target and inflation expectations rise to their historical norms. Heightened risks in the non-financial corporate sector have emerged.

Source: OECD - Economic Forecast

IMF Statistics: 

 

Subject descriptor20142015201620172018
Gross domestic product, constant prices
Percent change
2.3702.5961.5782.1992.081
Gross domestic product, current prices
U.S. dollars (Billions)
17,393.10018,036.65018,561.93419,377.20320,250.829
Gross domestic product per capita, current prices
U.S. dollars (Units)
54,501.58556,083.96557,293.79459,407.46761,667.784
Inflation, average consumer prices
Percent change
1.6100.1181.1882.3362.646
Volume of imports of goods and services
Percent change
4.4134.5832.2447.1765.657
Volume of exports of goods and services
Percent change
4.2690.1090.2735.8456.410
Unemployment rate
Percent of total labor force
6.1675.2834.8954.7714.729
Current account balance
U.S. dollars (Billions)
-392.059-462.965-469.379-518.519-566.921
Current account balance
Percent of GDP
-2.254-2.567-2.529-2.676-2.799
Colored cells are estimates

Source: IMF Statistics - USA

 

Luxembourg and the country

Existing conventions and agreements

Non double taxation agreement 

In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.

  • Convention from 03.04.1996 (Memorial 1999, A No.25, p.634)
  • Effective as of 01.01.2001 (Memorial 1999, A No.25, p.634)

Air Services agreement

  • Agreement from 08.19.1986 (Memorial 1988, A, p. 749)
  • Effective as of 03.08.1988 (Memorial 1988, A, p. 870)
  • Exchange of Letters dated from 06.06.1995 (Memorial 1997, A, p. 1151)
  • Effective as of 12.05.1997 (Memorial 1997, A, p. 2529)
  • Exchange of Letters from 13/21.7.1998 (Memorial 2003, A, no. 63, p. 1038)
  • Effective as of 12.06.2003 (Memorial 2003, A, no. 97, p. 1971)

Source: Administration des contributions directes

Annuler les modifications

 

 

 

Further information

Foreign Trade

The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.

You can see the statistics on the website of the Statec.

Contact points in the United States

Embassy of the Grand Duchy of Luxembourg in the United States

Ambassador: Mrs Sylvie LUCAS

2200 Massachusetts Avenue N. W.
WASHINGTON, D.C. 20008
Tel.: (+1) 202 265 4171/72
Fax: (+1) 202 328 8270
E-mail: washington.amb(at)mae.etat.lu 
Website: washington.mae.lu

Consuls 

Consul General with Jurisdiction of the States of New York, New Jersey, Connecticut, Rhode Island, Massachusetts, New Hampshire, Vermont, Pennsylvania, Delaware and Maine:

Mrs Jeanne CRAUSER

17 Beekman Place
New York, N.Y. 10022
Tel: +1 212 888 66 64
Fax: +1 212 888 61 16
Email: newyork.cg(at)mae.etat.lu  

Consul General with Jurisdiction of the States of California, Washington, Oregon, Arizona, New Mexico, Colorado, Hawaii, Idaho, Nevada, Utah, Montana and Alaska:

Mr Pierre FRANCK

1 Sansome Street, Suite 830
San Francisco, CA 94104
Tel.: (+1) 415 788 08 16 
Fax: (+1) 415 788 09 85
Email: sanfrancisco.cg(at)mae.etat.lu 

 

Honorary Consuls

Honorary Consul with Jurisdiction of the State of Arizona:

Mrs Fernande C. KUYKENDAL

21679 N.77th Place
Scottsdale, AZ 85255
Tel.: (+1) 602 284-1874
E-mail: luxconsulaz(at)gmail.com

Honorary Consul with Jurisdiction of the States of Georgia, North Carolina and South Carolina:

Mr Georges A. HOFFMANN

Smith, Gambrell and Russell
Promenade II
1170 Peachtree Street, NE Suite 1750
Atlanta, GA 30309
Tel.: (+1) 404 885-5218 
Fax: (+1) 404 875 0798
E-mail: gahoffmann1(at)aol.com

Honorary Consul with Jurisdiction of the States of Texas

Mr Peter J. SLOVER

2700 Via Fortuna Drive, Suite 500
Austin, Texas 78746
Tel.: (+1) 512 634 3782
E-mail: luxconsul.tx(at)gmail.com

Honorary Consul with jurisdiction in the State of Massachusetts:

Mrs Susan C. LIVINGSTON

Brown Brothers Harriman & Co.
185 Franklin Street
Boston, MA 02110
Tel.: (+1) 617 772 13 99 
Fax: (+1) 617 772 24 01
Email: susan.livingston(at)bbh.com 

Honorary Consul with Jurisdiction of the States of Illinois, Wisconsin and Iowa

Mr Ethan Allen HASTERT

Mayer Brown LLP 71
South Wacker Drive
Chicago, IL 60606-4637
Tel.: (+1) 312 701 7656
Fax: (+1) 312 706 8368
Email : ehastert(at)mayerbrown.com

Honorary Consul with Jurisdiction of the State of Ohio: 

Mr James R.BRIGHT

Spieth, Bell, McCurdy & Newell Co., L.P.A. 2000 Huntington Building
925 Euclid Avenue
Cleveland, OH 44115-1496
Tel.: (+1) 216 696 47 00 
Fax: (+1) 216 696 27 06
E-mail: jbright(at)spiethbell.co 

Honorary Consul with Jurisdiction of the State of Michigan: 

Mr Ralph GERSON

Guardian Industries Corp. 
2300 Harmon Road
Aubrun Hills, MI 48326-1714
Tel.: (+1) 248 340 2305 
Fax: (+1) 248 340 2308
Email: rgerson(at)guardian.com 

Honorary Consul General with Jurisdiction of the State of Florida:     

Mr Donald J.HANSEN

10082 Montevina Drive
Estero, FL 33928
Tel.: (+1) 239 948 9680
Mobile Phone: (+1) 847 340 6088
E-mails: luxconsul(at)comcast.net / donaldjhansen(at)comcast.net

Honorary Consul with Jurisdiction of East Florida

Mr Kevin M. RIES

5550 N.E. 33rd Avenue
Ft. Lauderdale, Floride 33308 
Tel.: (+1) 612 220 0404
E-mail: ries.consul.lux@gmail.com

Honorary Consul with Jurisdiction of California: 

Mr Pierre BIWER

23143 St Canzonet
Woodland Hills, CA 91367
Tel.: (+1) 818 274-2646
Fax: (+1) 2818 346-5990
E-mail: laconsullux(at)aol.com

Honorary Consul with Jurisdiction of the State of Hawaii:

Mr Jean-Claude DRUI

Euram, Inc
2176 Lauwiliwili #101
Kapolei, HI 96707
Tel.: (+1) 808 682 4422 # 110
Fax: (+1) 808 682 8833
E-mail: jcdrui(at)euraminc.com 

Honorary Consul with jurisdiction in  the State of Louisiana:

Mr Gary J. MANNINA

St Andrew's Episcopal School
8012 Oak Street
P. O. Box 15803
New Orleans, LA 70118
Tel.: (+1) 504 861 37 43 
Fax: (+1) 504 861 39 73
E-mail: gmannina(at)standrews.k12.la.us

Honorary Consul with jurisdiction in the State of Colorado:

Mr Jeffrey WELTZIN

Juxtamark Inc..
245 Century Circle, # 102
Louisville, CO 80027
Tel.: (+1) 720 890 8343
Fax: (+1) 720 890 4344
E-mail: jeff.weltzin(at)flour.com 

Honorary Consul with Jurisdiction of the State of Oregon: 

Mr William L. FAILING 

2649 S.W. Georgian Place
Portland
Oregon 97201
Tel.: (+1) 503 309 2768 
Fax: (+1) 503 241 1304
Email: bfailing(at)europa.com 

Honorary Consul with Jurisdiction of the States of Washington and Oregon:

Mr Robert COMFORT

812 Warren Ave N
Seattle, WA 98109
Tel.: (+1) 206 956 9137 
E-mail: luxconsulwa(at)gmail.com

Honorary Consul with Jurisdiction of the State of Minnesota:

Mr Kristin SPELTZ

5420 Colfax Avenue South
Minneapolis, MN 55419
Tél.: (+1) 612 998 9997
E-mail: kris.speltz@thomsonreuters.com

Honorary Consul with Jurisdiction of the State of Utah:

Mr David Gamble MURRELL IV

Kosmo Corporation International
240 Edison Street
Salt Lake City, UT 84111
Tel.: (+1) 801 364-1600
Fax: (+1) 801 364-1601
E-mail: luxconsul.utah(at)gmail.com 

 

Luxembourg Trade and Investment Offices in United States

Mrs Jeanne Crauser

New York
17 Beekman Place
New York, NY 10022
Tél.: (+1) 212 888 6664
Fax: (+1) 212 888 6116
E-mail: newyork.cg(at)mae.etat.lu 
Websites: www.investinluxembourg.us , newyork-cg.mae.lu

San Francisco
One Sansome Street, Suite 830
San Francisco, CA 94104
Tel.: (+1) 415 788 0816
Fax: (+1) 415 788 0985
E-mail: sanfrancisco.cg(at)mae.etat.lu
Sites web: www.investinluxembourg.ussanfrancisco.mae.lu

Source: Ministry of Foreign Affairs of Luxembourg

 

Economic and Commercial Attachés (AWEX)

Economic and Commercial Attaché with Jurisdiction of the States of Arkansas, Colorado, Kansas, Louisiana, Oklahoma, Texas, New Mexico, Florida, Georgia, Kentucky, Mississipi, Tennessee, Alabama, North Carolina and South Carolina

Mr Yves DUBUS
5300 Memorial Drive, Suite 625
Houston TX 77007
Tel.: (+1) 713-863.11.10
E-mail: houston(at)awex-wallonia.com

Economic and Commercial Attaché with Jurisdiction in States of Illinois, Iowa, Michigan, Minnesota, Missouri, Nebraska, Ohio, Wisconsin, North Dakota, South Dakota and Indiana:

Mr Gilles PHILIPPART De FOY

333 North Michigan Avenue, Suite 905
Chicago, Illinois 60601
Tel: +1-312-357.09.92
E-mail: chicago(at)awex-wallonia.com 

Source: AWEX

 

Country risk as defined by Office du Ducroire for United States

Ducroire is the only credit insurer covering open account deals in over 200 countries. A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.

Link:  Ducroire Office - Country Risk for USA

Other Useful Links: