It is obvious that our economy is currently no longer in a recession. Although American citizens want the economy to grow faster and to feel more secure. In the past several months American families have been experiencing economic growth, unfortunately, it has not been growing as fast as the citizen’s hope.
Gross Domestic Product or GDP has increased in the third quarter of 2015 at an inflation –adjusted annual rate of 2.1 %, after an increase of 3.9 % in the previous quarter according to the Bureau of Economic Analysis. Expressing at an annual average rate of 2.2 % since the recession GDP is still below the average growth rate of the U.S. which is about 3 %. Being at a steady 2.2% GDP is not far from finally being potential GDP. One of the
Gross Domestic Product or GDP has increased in the third quarter of 2015 at an inflation –adjusted annual rate of 2.1 %, after an increase of 3.9 % in the previous quarter according to the Bureau of Economic Analysis. Expressing at an annual average rate of 2.2 % since the recession GDP is still below the average growth rate of the U.S. which is about 3 %. Being at a steady 2.2% GDP is not far from finally being potential GDP. One of the