U.S. economy avoids decreasing to the limit

28 Feb

The good news: U.S. economy has not declined in the fourth quarter. The bad news: increase is only of 0.1%. At a closer look, due to a fresh information in statistics, 0.2 points performance is due to a favorable commerce trade than initially considered. However, the economy grew by 2.2% in 2012. Capital markets have specific shyness while approaching to record peaks however not decide to step back.

Recovery in the labor market

Applications for unemployment benefits dropped to 344,000 last week, with 22,000 fewer than in the week ended on February 16. A year ago the figure was 373 000. The labor market continued signaling a gradual healing that will put Fed at some point in the face of a difficult choice regarding on when to withdraw monetary injections. Activity in the Chicago region accelerates market optimism.

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2 Responses to “U.S. economy avoids decreasing to the limit”

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