(http://finance.) United States Department of Commerce announced Thursday, the second-quarter economic growth from the previous estimate of 1.9% to 3.3%. This is the United States since the third quarter of 2007, since the highest economic growth figures. United States economy in the last quarter of 2007 was 0.2% amyotrophy, whereas in the first quarter of this year only 0.9% growth.
BBC reporter Andrew Economic Affairs · Walker 3.3% growth even in the economic situation, is good data, but appear in the subprime mortgage crisis and the housing market decline, the more prominent. The Fed has warned that the economy will remain weak this year.
Data show that the United States export 13.2% growth than the Government initially estimated 9.2%. However import appears 7.6% decrease, because the United States economic slowdown led to reduced demand for imported products. Besides United States housing prices in April to June also fall by 15.4%.
On the other hand, the slowdown in the United States unemployment, for the first time last week to collect unemployment benefits are more weeks 1 000 42.5 million, but still high number.
Many analysts worry that the economy's two pillars – exports and consumer spending in the second half of the year may become tired, because the Government rebate on expenditure incentive effect gradually dissipated, and the global economic slowdown and the dollar's strength will injury overseas to United States export demand.
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