Economic Situation
Essays

¶ … macroeconomic situation is one of worrying about recession. Although GDP increased at an annualized rate of 5.7% in the fourth quarter of 2009 and 2.2% in the third quarter (BEA, 2010), the United States economy in…

¶ … macroeconomic situation in the U.S. What should the U.S. Congress and the Federal Reserve do about it?

This article examines the current macroeconomic situation in the United States given the stalled economic recovery in the country. Some of the important aspects discussed in the article include the unemployment rate, inflation, and recession. The final part discusses the appropriate fiscal policy and monetary policy for the current macroeconomic situation in America.

What is the "current macroeconomic situation" (e.g. worrying about inflation and/or recession) in the U.S.

What is the "current macroeconomic situation" (e.g. worrying about inflation or recession) in the U.S. What should the U.S. Congress and the Federal Reserve do about it?

A discussion given by the Federal Reserve Bank of Chicago, on June 8, 2010, analyzed America's macroeconomic fiscal situation by opining that the economy is recovering from the recession and that national GDP would…

Cobb, Halstead and Rowe outline a system of economic measurement called the Genuine Progress Indicator (GPI). They argue that the traditional measure of GDP is not an accurate reflection of genuine progress as a society.

Delivering a speech to the American Bankers Association in Atlanta on June 7, 2011, Federal reserve Chairman Ben Bernanke posited a pessimistic view of current macroeconomic conditions.

Yet many of the children of Antigua and Barbuda are still at an economic and socio-political disadvantage compared to their counterparts elsewhere, and meet the criteria for poverty established by the United Nations. Ensuring that these children have the resources and the opportunities they need to lead fulfilling and productive lives is a task incumbent upon not simply the people of the nation but all people that benefit from the tourist economy that currently sustains yet controls the nation.

Between 2009-2011, 6.1million workers were displaced from jobs that they held for at least 3 years. In 2012, the statistics for employment seemed to be more optimistic: whilst 1,340 mass layoff actions occurred in July, the Bureau of Labor Statistics (http://www.bls.gov/) reported that productivity increased 2.2 percent in the nonfarm business sector in the second quarter of 2012 whilst in manufacturing, productivity grew 0.1 percent. During this same year (2012), demand for employment also grew in wholesale trade and retail trade, whilst employment in the food and drink sector remained constant. The jobless rate as a whole this year has also decreased in a large number of areas whilst from April to July alone employment rose from 2.1 million to 19.5 million.