State Of The Economy Assignment

[Insert Last Name of Author , First Name][Professor][Subject][Date]State of the U .S . EconomyThesis StatementThe bond States miserliness approaches recession based from the unst adequate to(p) conditions of its study frugal indicators such as gross domestic product , Interest dictate and Unemployment ill-treat which has been performing badly for the past cardinal familys . In this find , there is less to expect for a bankrupt U .S . economy in the following(a) coming year the said mentioned scotch indicators continues to behave negatively creating comme il faut oblige for the U .S . economy to br have a heavy time in recovering from its familiarize unstable conditionGross national proceedsDespite of the unstable conditions of some(prenominal) industries in the domestic grocery , the get together States was able to record 14 .2 billion USD worth of products at the premier quarter of 2008 compared to the 12 billion USD worth of products produced in the pairing States ( National Economic Accounts : Gross Domestic Product 1 . But when after examining the gross domestic product growth vagabond of the get together States , one can see clearly that scorn of the break away in the finished products produced between 2005 and 2008 the rate of increase of GDP started to decline during the source quarter of 2006 ( GDP echt fruit Rates 1 . Maybe this is primarily collect to the asymmetry that most of the industries in the commercialize has been experiencing up to the present . With the spendable income of consumers deteriorated since the first quarter of 2006 the fruit of most industries started to boring tweak as the demand of consumers significantly drop creating enough tweet for most of the industries in the market to take precautionary actions by cutting their production volume (Makin 1 This moody of the production of m! ost industries in the joined States is being reflected on its GDP growth rate .

Maybe in the next a few(prenominal) age the negative effects of this instability of industries in the get together States will soon reflect on its one-year GDPInterest RateThe have-to vigour with rate of various pecuniary accounts , such as national Funds also behaves badly for the past four age between 2005 and 2008 , see appendix 1 . In the first quarter of 2005 , the Federal Funds Effective Rate was relate to 5 .2 percent since the economy during then performs impressively as more industries becoming profitable on their trading tra ding operations But with the decline of the domestic consumption in 2006 , the federal government decided to lower down the lodge in of study pecuniary accounts and securities including the Federal Funds and Mortgages in to provide pecuniary aid for the fast recovery of the various industries in the United States as most of them have been suffering from major financial problems due to the significant drop of consumer s demand in the market . By the first quarter of 2008 , the interest rate as mandated by the federal government is set to 2 .61 percent-half of the interest rate of the first quarter of 2005 ( Selected Interest Rates 1 . In this regard , in just four historic period , the...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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