United States human consumption nearly stagnant economic downturn lasts until 2009

A new survey shows that in the United States in the history of the longest expansion period ended up consumer spending, United States of the economic downturn will continue through 2009.

(http://finance.) August 1 to 8 days on 50 economists, will they lower economic growth in the United States this year, the annual estimated median intake is 0.7%, only the first half of this year, the annual rate of economic growth in the United States, as regards family expenses in the fourth quarter of this year is expected to see growth, wage increase speed is expected to miss the inflation growth and real estate prices speed and the unemployment rate is expected in early 2009 up to 6%, write down five years a new high.

United States the current unemployment rate of 5.7%. United States domestic expenditures since 1992, each season has increased, but now I'm afraid will rebate effects subside and stagnant.

Moody's investors service company Chief Economist Jablonski, said the United States consumer expenditure on tight budget, regardless of the potential of the United States economy will be how to benefit would be bad risk pressure.

United States in the second quarter of this year the rate of growth in household expenditure is 1.5%, mainly from nearly 780 billion tax incentive, but third-quarter growth rate of household expenditure estimated only 0.6%. United States Government rebate checks has to send completed in full, this measure is part of President Bush signed in February: US economic revitalization programme 1,680 one ring. Analysts said the rebate effects will fade in the fourth quarter of the previous. UBS credit holdings Economist Basel said that once the rebate effects disappear, consumers will reduce expenditures.

According to the latest survey pengboshe, economists expected growth rate of the United States economy will further slow down economic growth forecast this year is the year, 1.6% go to 1.5%.

The latest survey also revealed that respondents economists believe that the United States appeared the odds of recession to 51%, and forecasts last month, lower than the comparable to 4 month survey of 70%.

Surveys show that the United States economy slowing growth is expected to ease inflation fears the economists predict the United States this year, consumer prices will rise 4.3 per cent since 1990, the largest increase is expected in the coming year before the end of the third quarter to 2.5%.

United States people pay to catch up with inflation, heal and purchasing power, are economists expected lower United States domestic expenditure. According to the United States Department of labor, the month of June by the inflation-adjusted wages, shrink 0.9% since September 2005, the biggest decline.