US Economic Review
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According to newest US economic review for final quarter of 2008 economy of United States is slowly getting back to normal after suffering from horrific after effects of ongoing global financial downturn.
Latest US economic reviews have also suggested that amount of debts owed in USA by various entities is on a downward curve. This is a bright sign especially in context of present economic conditions.
If economic review of US is to be believed, credit markets in USA are at present pretty weak and are lacking in amount of stability that is necessary for them to make any concrete contribution to national economy as such.
Economic review in US has also revealed that a decent amount of treasury bills are being sold in order to generate money for governmental coffers to be filled up. These are debt financing instruments that are supposed to provide US government with money that could be used in other economic activities.
Information provided by economic review at US has proven that national government is increasing its level of expenditures. At present USA, like rest of world, is going through a period of financial slump. This financial relief, coming mostly in form of tax relief and increased funding in certain sectors of national economy such as housing sector for example is highly needed in these times of tremendous financial crisis.
Economic review for US has also shown that a number of moves are being initiated by Barack Obama so that common consumers in US could gain some relief. It is common knowledge that a way out of economic crisis of present magnitude is increased consumer spending. Thus if consumers could be provided with some sort of financial encouragement it would only be great for national economy from a broader perspective.
Latest US economic review has shown that value of stocks have been going down in USA. This fall has undone profits accrued by share holders in January 2009. When trading closed on 26th February shares of Dell went down by 3 percent as revealed by statistics collected after trading finished during extended hours.
Loss of Dow Jones Industrial Average was 89 points, NASDAQ Composite Index fell by 34 points, which is equivalent to 2.4 percent and S&P 500 index went down by 2.4 percent or 34 points.
