US Regains Crown as Most Competitive Economy for First Time Since 2008: WEF

US Regains Crown as Most Competitive Economy for First Time Since 2008: WEF
President Donald Trump gestures as he delivers a speech during the World Economic Forum (WEF) annual meeting in Davos, Switzerland, on Jan. 26, 2018. Denis Balibouse/Reuters
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WASHINGTON—The U.S. economy sits atop of the World Economic Forum’s annual global competitiveness survey for the first time since the 2007-2009 financial crisis, benefiting from a new ranking methodology this year, the Swiss body said on Oct. 16.

In its closely-watched annual Global Competitiveness Report, the WEF said the U.S. is the country closest to the “frontier of competitiveness,” an indicator that ranks competitive productivity using a scale from zero to 100.