State Of The Economy Assignment

[Insert Last Name of Author , First Name][Professor][Subject][Date]State of the U .S . EconomyThesis StatementThe join States economy approaches recession based from the unstable conditions of its study stinting indicators such as GDP , Interest dictate and Unemployment pace which has been performing badly for the past cardinal familys . In this regard , there is less to expect for a bankrupt U .S . economy in the following(a) coming year the said mentioned economic 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 many industries in the domestic grocery , the get together States was able to record 14 .2 billion USD worth of products at the first quarter of 2008 compared to the 12 billion USD worth of products produced in the join States ( National Economic Accounts : Gross Domestic Product 1 . But when after examining the GDP growth vagabond of the United States , one can see clearly that scorn of the extend in the finished products produced between 2005 and 2008 the rate of increase of GDP started to decline during the first quarter of 2006 ( GDP echt Growth Rates 1 . Maybe this is primarily collect to the instability that most of the industries in the market has been experiencing up to the present . With the disposable income of consumers deteriorated since the first quarter of 2006 the production of most industries started to boring down as the demand of consumers significantly drop creating enough force 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 most industries in the United States is being reflected on its GDP growth rate .

Maybe in the next few age the negative effects of this instability of industries in the United States will soon reflect on its one-year GDPInterest RateThe have-to doe with rate of various pecuniary accounts , such as Federal Funds also behaves badly for the past four years between 2005 and 2008 , see appendix 1 . In the first quarter of 2005 , the Federal Funds Effective Rate was equal to 5 .2 percent since the economy during then performs impressively as more industries becoming profitable on their trading operations But with the decline of the domestic consumption in 2006 , the federal government decided to lower down the interest of major pecuniary accounts and securities including the Federal Funds and Mortgages in to provide financial 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 years , the...If you want to get a full essay, order it on our website: Orderessay

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