A Report on the US Economy

The unemployment rate has dramatically increased over the last several months. This increase has created many complications for the American people. Although the United States economy has created over 7 million jobs, there is still a long way to go until the economy is back on track.

recession. Millions of people in the United States have found it very difficult gain employment.

The interest rates are expected to reach 7.0% by June, the most severally effected by these constant raises are shareholders. Because of these immediate effects market economists are largely against the interest rate hikes. Their position is that the average inflation rate over the past three years has been at around 2% close to the markets expected inflation rate of 1.9%. The economy is on a sixteen year run, continually moving forward. The historical data is there however; the consumer price index was at 1.6% over the past twelve months and the March year over year rate was at 3.7%

From what is supposedly being shown in papers and on the news the U.S. economy is currently concerned about unemployment, caused by the recession. This “current macroeconomic situation” is pardoning my language freaking a lot of individuals out, because some have no idea of how it is going to get better. The news/media is not painting us such a pretty picture of it, by calling it “this decade’s depression”. The unemployment rate is at 8.2% as of July 2012, whereas the average in 1948 was at 5.6%.

As of March, 2013 the U.S. National Unemployment rate was 7.6%. A total of 11.7 million people were reported as unemployed by the Bureau of Labor Statistics. This rate is improved from the height of the recent recession, where the statistic floated around 9%, but it is still not the usual 3-4% figure we are used to seeing in regular market conditions. (bls.gov, US, 2013)

The news informs everyone on a daily basis that the United States has the largest economy and that it is looking to be in great shape since four years ago. To some Americans it seems otherwise. The unemployment rate in 2007 was 4.6% compared to unemployment rate in 2012 at 7.5%. The U.S inflation rate ended in October 2012 after twelve months was 2.16% which is 0.11% higher than the one in September. The U.S inflation forecast consists of apparel, education and

What is the state of the US economy? Has a cloud fallen on the US and harder economic times coming? Is continued decline require a cautious posture? “It's hard to decipher the state of the economy from headlines.” Although the economy is not equal to pre-recession times which was more than six years ago, the “jobs lost to the Great Recession have been replaced. Unemployment is down. The stock market has generally prospered.” What role does consumer

As of February of 2016, “the unemployment rate in America was recorded at 4.9 percent, unchanged from the January rate and remaining at its lowest

As mentioned, the U.S. economy has seen a positive shift in the last few years. According to Janet Yellen (the Chairman of the Fed), "the private sector has created 7.8 million jobs since the post-crisis low for employment in 2010." Additionally, housing seems to have turned a corner in which construction, home prices are all up significantly, and as I mentioned earlier, housing was a large sector that was impacted during the Great Recession and the loss was staggering ("The U.S. Economy"). Another area that we are seeing tremendous growth is within the auto industry. The auto industry has made an incredible comeback with domestic production and sales back to near pre Great Recession levels. Our economy today is showing the unemployment levels down from a peak of ten percent, and has reached the point of full employment once again. According to Jared Bernstein of the New York Times, "Last month the national unemployment rate fell from 5.9 to 5.8 percent" thus showing that we are back to full employment according to what I have been taught in class, though I am finding some dispute over what numbers should be considered full employment. Nevertheless, our economy is showing a real growth in helping fellow Americans get back to work. In addition to unemployment decreasing we are also seeing a decrease in inflation. According

In, 2% GDP Growth—Get Comfortable With It, the author, Sean Hanlon, explains that the slow growing GDP is misleading as a measure for a strong economy. The US gross domestic product or GDP advancement has been moving at a rate of 2% which is low in the midst of an economic recovery. This doesn’t mean that the economy is weak though because it isn’t. Hanlon argues that “accelerating technological advancements” are pushing the GDP downward.

The current macroeconomic situation in the United States is making a significant improvement due to the increase of productivity, 4.6 percent economic development, and with unemployment at 5.3 percent. But despite these positive results, many difficulties are still incoming locally and worldwide.

In this paper, you will read about the current standing of the U.S. economy as of spring and summer for 2015. Gross Domestic Product (GDP), unemployment rate, inflation rate, foreign trade, consumer spending, business investment, and government spending will all be analyzed. This analysis will then lead to the projection of the U.S. economy for the first two quarters of 2016.

As of November 7th the U.S economy added 214,000 jobs, which makes the unemployment rate down to 5.8 percent, the lowest in six years. The unemployment rate fell from 5.9% to 5.8%, which is lowest since July 2008. Hourly earnings rose three cents to $24.57 and are up just 2% over the past year, in line with the unclear increases so far in the five year recovery. Economists have been looking for a pickup in wage gains to branch more consumer spending. This recent data implies that the slow progression out of the Great Recession is gaining control. However, Americans are seeing their purchasing power rise while jobs come back thanks to falling oil prices.

Based on the general indicator it would seem as though in the short term the economy is growing from the recession with a high level of real GDP growth of 5%. However, with the continuously increase in oil price may hold the overall economy from going well as expected. Moreover, the exchange rate for both UK and Canada that continuously appreciate against US may affect consumption by consumer and the operation of the company.

The statei of the United States government at this time seems to be okay, but lets dig a little deeper. The GDP is up 18 trillion right behind China so the US is second. Another positive is that inflation is down making the tax on goods much lower. This means your hard earned dollar goes a lot farther. The unemployment is down, which is good, but when we look closer you can see that the labor force participation rate has dipped down quite a bit. Therefore, it is possible that the only reason that the unemployment rate is down is because less people are looking for jobs because they are fed up with not finding one. Another negative is productivity is down leading me to think that there is an issue occurring with the way the business may be funded or where the business gets their supplies. The national debt held by people has increased steadily since 2005