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We’re No. 25: US Slips Again In Annual Global Economic Freedom Index

  • The U.S. has fallen again in a recent index of global economic freedom that noted economic freedom worldwide has declined to its lowest point in two decades.
  • The Heritage Foundation’s 2023 Index of Economic Freedom, which evaluated economic policies and situations in 184 nations from July 1, 2021, to June 30, 2022, found a worldwide economy that is “mostly unfree,” according to an executive summary of the report provided to Fox News Digital.
  • The report made special note of the declining position of the U.S., which slipped to 25th place globally because of what researchers described as the country’s runaway government spending amid “mounting deficit and debt burdens.”
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