Recovery Continues despite New Risks, Old Problems

Kliesen, Kevin L.
July 2011
Regional Economist;Jul2011, Vol. 19 Issue 3, p21
Trade Publication
The article offers an analysis of the U.S. economy in general. The Gross Domestic Product showed slower growth in the first quarter of 2011 amidst an increase in employment in the private sector of 182,000 jobs per month from January to May 2011. Unemployment though remains at 9.1%. Consumer spending continues despite oil price increases, equity prices also continue to rise, and U.S. exports are expanding. However, the housing and construction industry are still faltering and the inflation rate shows a sharp rise.


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