This Survey is published on the responsibility of the Economic and Development Review Committee of the OECD, which is charged with the examination of the economic situation of member countries.The economic situation and policies of the United States were reviewed by the Committee on 14 May 2012. The draft report was then revised in the light of the discussions and given final approval as the agreed report of the whole Committee on 4 June 2012.The Secretariat’s draft report was prepared for the Committee by David Carey, Wendy Dunn, Oliver Denk, Robert Hagemann, Christopher Hill and Brian Kahin, with statistical assistance from Valery Dugain and Jérôme Brezillon, under the supervision of Patrick Lenain.The previous Survey of the United States was issued in September 2010.