The Importance Of Changes To The US Economy
In recent years the US economy has suffered tremendously. As a result many families have lost their incomes, and other families have lost their homes. Many businesses were forced to close due to this recession. This caused the unemployment rate in America to sky rocket.
The US economy has created over 100,000 jobs in each of the past seven months, but that is still well below the 200,000 needed to rapidly bring down the unemployment rate, which remained at 8.2% at the end of March 2012. Meanwhile, GDP growth, income and consumption are all positive, but are growing at below-trend rates, and the housing market still shows no sign of life (North).
These improvements to the US economy are happening because of the monetary policy of the Federal
The US economy has created over 100,000 jobs in each of the past seven months, but that is still well below the 200,000 needed to rapidly bring down the unemployment rate, which remained at 8.2% at the end of March 2012. Meanwhile, GDP growth, income and consumption are all positive, but are growing at below-trend rates, and the housing market still shows no sign of life (North).
These improvements to the US economy are happening because of the monetary policy of the Federal