Heyward Yarborough February 18‚ 2013 Essentials of Personal Finance (FP/120) Current State of Economy: In the year 2013 Now that the fiscal cliff fight is over and the debt ceiling debate hasn’t reached a fever pitch — not yet‚ anyway — it seems like a good time to take a step back‚ assess the economic outlook‚ and see what it means for American families. The good news is that the U.S. has enjoyed more than three years of uninterrupted economic growth and falling unemployment since the
Free Unemployment Inflation Economics
The U.S. economy in 2013 has a projected growth increased to an annual rate of 2.5 percent in the first quarter‚ but not enough to meet the expectations made by the economists (Aljazeera 2013). The reason why all of these projections came to be was because of disappointments that came about; plans did not follow through‚ or because of accident and uncontrollable events. For example‚ part of the acceleration in activity reflected farmers filling up silos after a drought in the summer decimated their
Premium Economy Economics Economy of the United States
policy has usually ignored the environment. In areas where the environment is beginning to impinge on policy‚ as in the General Agree- ment on Tariffs and Trade (GATT) and the North American Free Trade Agreement (NAFTA)‚ it remains a tangential concern‚ and the presumption is often made that economic - growth and economic liberalization (including the liberalization of intemational trade) are‚ in some sense‚ good for the environment. This notion has meant that economy-wide policy reforms designed to
Premium Sustainability Economy Economic growth
Global Economy and the Environment As the global economy gets integrated‚ national or local corporations will gradually transform in to a multinational corporation (MNC). When this type of development occurs‚ the host countries are usually the ones that become the immediate stake holders. This is because when a MNC sets its foot into a host country‚ there are economic‚ political‚ social and environmental impacts that result from their corporate actions. In many cases‚ it is certainly
Premium International trade Developed country
Occupational therapists provide skilled care to clients of all ages with dysphagia. Occupational therapists are trained professional that help individuals achieve independence in all aspects of their lives. A few of the health conditions that benefit from occupational therapy include: work-related injuries including lower back problems‚ limitations following a stroke or heart attack‚ arthritis‚ multiple sclerosis‚ or other serious chronic conditions‚ birth injuries‚ learning problems‚ or developmental
Premium Occupational therapy Therapy Medicine
Current Situation of Pakistan Economy There are genuine fears prevailing in Pakistan that its economy is in a bad shape. Whereas some expert economists of the country comment that Pakistan’s economy is near collapse‚ others are of the view that although our economy is still away from the verge of immediate collapse it is so fragile that unless serious and urgent efforts are made to survive the economy‚ it can move to a dangerous stage within about next six to 12 months. These views of experts cannot
Premium Economics Macroeconomics Economic development
The Immigration and Economy of the United States Economic globalization is a tendency‚ and it can move goods‚ services‚ technologies‚ and capital to achieve the cross-border cooperation. The United States also is a nation of immigrants‚ and a lot of foreign people who believe in American Dream has helped the economic success of the U.S. over the centuries. However‚ now the immigration is a very controversial issue in American‚ and the both presidential candidates also proposed a series of policies
Premium Immigration to the United States United States Immigration
government’s fiscal policies and corporate reforms have to be continued to create a condition suitable for a speedy recovery and sustainable growth. It is also important to ensure that the restructured loans remain performing. Emphasis must be placed on continuing improvements on corporate governance‚ transparency‚ accountability and strict enforcement of powers by the market regulators. There is also a need for the country to maintain its peaceful environment and security in order to secure the investors’
Premium International trade Investment Foreign direct investment
Current state of US economy and effect of business in Ohio. The American economy has suffered the deepest and most protracted recession since the Great Depression. The financial crisis that began in the fall of 2008 had enduring effects on economic performance. In the first quarter of 2009‚ real gross domestic product (real GDP) fell by 6.4 percent. Real GDP fell for four straight quarters‚ from third quarter 2008 through second quarter 2009. The good news is that we have enjoyed more than three
Premium Great Depression Business cycle Unemployment
The current state of the economy is one that is concerning for almost all Americans.Though we are in the recovery phase businesses are still hurting‚ people are out of work‚ we are barely getting out of a depression etc. People are pointing fingers at what is the cause and who is to blame. What was once a strong healthy economy has now drastically changed. There are many economic indicators that are used to evaluate and provide an image of what is currently happening and what an outlook may be on
Premium Macroeconomics Inflation Unemployment