*  *  *  On most dimensions the U.S. economy appears to be performing well. Output growth has returned to healthy levels, the labor market is firming, and inflation appears to be well controlled. However, one aspect of U.S. economic performance still evokes concern among economists and policymakers: the nation's large and growing current account deficit.
Strengthening the transport and power infrastructure could reduce significantly the costs of doing business in Uganda and thereby help to promote private investment in modern, high productivity, industries. Better infrastructure is also necessary to enable Uganda to export minerals or to process them in the country. Productivity growth also requires investment in human capital.