Macro
The current state of the economy in the U.S. is generally favorable. Looking at the major macroeconomic variables, they are all at reasonable levels and more important they are trending in the right direction. This paper will look at critical variables such as the GDP, unemployment, inflation and interest rates.
The GDP is currently growing at 3.9% for the third quarter of 2014, after a 4.6% increase in the second quarter (BEA, 2014). This is healthy GDP growth. Over the past several years, the economy has been growing at a slower rate, during what was a sluggish recovery from the recession in 2009. But the current levels show that the GDP is finally getting to the point where it has recovered almost entirely, and growth is picking up. This is a positive trend in the economy. This means that the GDP will continue to grow. Right now, monetary policy is expansionary, so if that eases up, then the GDP growth might slow a little bit. But if monetary policy remains unchanged these high GDP growth rates should continue, especially given the lower fuel costs we are seeing now, something that is usually associated with economic growth.
The second...
Economy of china is one of the largest economies in the world after the United States of America. Over the years it has been regarded as the fastest growing economy in the world registering the highest number of exports and imports. This has been attributed to high population that the economy has to support. As a result, the economy has improved which has been reflected in terms of the infrastructure
Banks in India are required to provide 40% of their net credit to other sectors like agriculture, retail trade, small scale industries and business.Net assets of the banking sector are held by private banks which holds 18.2%, 75% by public sector banks while the 6.5% are held by foreign banks. China China is the largest economic powerhouse of the BRIC countries by both population wise and GDP. It had an estimated
These convergences lead to mixed economies. Globalization and the U.S. Economy Outsourcing is a result of the current globalization rate, due to rise of internet users and communication through broadband. In actual sense, outsourcing is inevitable, and no one is going to eliminate it any time soon, including the United States. However, outsourcing will mean loss of jobs in the United States, leading to a position where these jobs need to
Economy Based on the information provided by the St. Louis Fed, the GDP indicators for the U.S. are as follows. The real GDP growth is at 3%. The trend for this indicator is upward, as it has increased steadily over the past four quarters. Real GDP growth was on a downward slide for all of 2010, however, bringing it to a very low level at the end of the year, which
Economy in the News: Tax Cuts for Business In today's current economic situation within the United States of America, citizens are increasingly interested in facets of the economy that were once able to fly under the radar with minimal notice from economic laymen. However, with the country still dealing with the effects of a massive recession, economic initiatives undertaken within the country have come under intense scrutiny from the American public,
Economy has been showing slow, but steady improvement. I expect that it will continue on this pace for the next three quarters as a result of projects that have been made for the unemployment rates, GDP growth, and inflation. The rate of unemployment has steadily decreased with the rate being 8.2% for March 2012, which was a minor increase over February's rate of 8.3%. The rate in November had been
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