S&P on US – Expects continued gains in manufacturing

The ratings agency S&P expects continued gains in manufacturing because of competitive labor costs, lower cost of natural gas stemming from increased shale gas production

Key points

Says the debt to GDP ratio should hold fairly steady over the next several years

High general government debt, relatively short-term oriented policymaking, uncertainty about policy formulation constrain ratings

Stability and predictability of US policymaking and political institutions are high