State Of Us Economy

The state of the US economy

The good news
The Federal Reserve was evaluate that the increase of Gross domestic product (GDP) of the United States would be up to 3.2% ~ 3.7% in May, 2010, which was higher than the number of 2.8% ~ 3.5% given in January, 2010. This means the progress of the recovery of the US economy is demote than anticipated beforehand.
The stock market is as well as seems to recover. The S& amp;P 500 increased from 757.13 in March, 2009 to 1197.32 in April, 2010. The S&P 500 PE increased to 21.80 in April, 2010 and unplowed about 20 in the knightly 9 years. And the Dow Jones Indices also increased 60% from March, 2009.
These news seem to be the consecrate that the US economy is getting better, and may get come on of the recessional. But actually, there are also some drear sign.

The bad signs
The unemployment rate of the United States reached 10.1% at October, 2009, which is the highest in the past 26 years. The unemployment rate dropped a little bit later on the 26 years peak, but there is sleek over no sign for obvious improvement. Until now, the unemployment rate still kept around 9.7%, which is still relative high in the past twain decades.



Although we cannot say that the sustained high unemployment rate go out clear be a sign for double dip recession of the US economy, at least it will be a burden on the recovery of the US economy.
The guest sanction index (CCI) in 2010 is also relative low. From May, 2009 to June, 2010, the CCI has fluctuated around 50, which is still only almost half of the CCI in the 2007 the year before the recession. This means that the most American consumers are still not very optimistic for the future of the US economy. The low client confidence will lead to relative low customer expenditure. And with low customer expenditure, the rate of the economy growth will also be unfavorable influenced either directly or indirectly.
The Federal Reserve has kept the Federal Fund come in lower than 0.25% since the December, 2008, the year of...If you want to get a broad essay, order it on our website: Orderessay



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