The U.S. fell from second to fourth position, behind Switzerland, Sweden and Singapore, according to this year's World Economic Forum's "Global Competitiveness Report."
Having been knocked off the top spot by the Swiss in 2009, a number of factors are making the U.S. less competitive.
Along with the macroeconomic imbalances building over time, and weakening public and private institutions, there are lingering concerns regarding the state of the U.S.'s financial markets, according to the report.
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