Sunday, November 8, 2009

US economy charts 2009


GDP, housing, spending, inflation, manufacturing seems to be improving over time for the US this 2009. However the biggest factor remains to be unemployment which remain relatively high.

People seem to be spending more as shown by the GDP, housing and spending charts. However most that I've read so far point to unemployment as the last but most important piece of the US economy recovery puzzle. If companies hire people again, consumption, which is the biggest chunk of the US economy, will follow and rise and will see the US out of recession.

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