Cyclical and Secular Trends in the Economy

The U.S. economy result face its sh atomic number 18 of domestic challenges over the next 24 months, but it also cannot escape the slowing in global growth and the uncertainty and potentially catastrophic issues surrounding Europe. The industry-wide headwinds that the U.S. is facing include a fragile sparing environment, characterized by slow GDP growth, high levels of unemployment, and a housing market that is only slowly beginning to recover. In addition, worries of a Greek default and its potential to cause a domino effect are casting a large dapple of doubt over the entire scotch recovery in the U.S. There are positive trends, however; the tailwinds include the meliorate labor market, strong vehicle sales, historically low post rates, low inflation, strong PMI data and improving consumer confidence. This essay will introduce evidence that suggests that, while there are many positive signs in the U.S. and global economy, the next few days will be a period of slow growth, struggle, and economic uncertainty. The U.S. economy has been struggling since the mortgage and financial crisis started, and the Federal sustain has held interest rates close to zero as part of its efforts to bolster the economic recovery.

In addition, the central bank has also said it will likely keep rates at ultra-low levels at least through trough 2014. One of the strong and recent tailwinds has been the increase in vehicle sales, which has been a huge plus for manufacturing. Auto sales are running at the fastest pace in four years and are poised to reverberate through the U.S. economy. The average age of the Statess cars hit ~11 years recently, which is a record. Cars demote out and the Obama administrations jump in fire efficiency requirements, in addition to high gas prices take led to a perfect storm of new gas-sipping cars striking the market just when consumers need to get rid of oldish cars. This has been facilitated by a recapitalized banking system that is willing and able to... If you postulate to get a full essay, order it on our website: Ordercustompaper.com

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