Tuesday, December 14, 2010

Almost stagnant U.S. economy, GDP growth this year will be less than 1%.

Reuters / University of Michigan consumer survey released today showed that U.S. consumer confidence fell to suggest that the world's largest economy, economic growth this year will be less than 1%. .<P> (Http://finance.) Consumer research director Richard Curtin said the U.S. economy in recent years, the rapid diversification of globalization also make it vulnerable to "mini recession" the impact of its policy-makers to bring new .challenges. .He said the gross domestic product (GDP> GDP) growth per annum of the change and Reuters / University of Michigan consumer confidence index showed a year between changes, "a close correspondence." .</ P> <P> released late last month, the Reuters / University of Michigan index showed U.S. consumer confidence fell the third straight month in April, hitting the lowest point in 26 years. .These two data analysis "indicates that in 2008 GDP> GDP growth rate slightly less than 1%." .Curtin said that as long as the overall economic growth rate hovering around zero, consumers will tend to think the economy is in recession. .</ P> <P> Curtin in the report, added: "Even so, consumers are expected GDP> GDP been quite accurate in recession." He said: "Public policies need to adapt to this new era of ... ... a lot of mini-recession .recession in the field now with a positive overall economic growth coexist. "</ P> <P> U.S. GDP> GDP in the fourth quarter of 2007 and the first quarter of this year, growth was only 0.6%. .</ P>.

No comments:

Post a Comment