Remember the warm up activity in the first section of this unit? You were instru
ID: 1212610 • Letter: R
Question
Remember the warm up activity in the first section of this unit? You were instructed to find an article that discusses the current state of the U.S. economy. Take this article (or one similar to it) and write a two- to three-paragraph summary of the article. In your summary, include any references to GDP or U.S. economic policy. Explain how these relate to what you have learned in this section. Also include an explanation of the writer’s opinion of the U.S. economy. Is it growing or declining? What evidence does the writer provide to support this opinion? Discuss how this article reflects what you have learned in this section. Be sure to include information regarding where you found the article (name of publication or website address) and the name of the author of the article as well as the date of the article.
Explanation / Answer
U.S economy is now a days is normal and it is almost at its final stage but it seems now a days that the in U.S there is going to be a reccession very early. why so because there seems lack of employment the employment rate is falling than before. and so we can say that this is declining at its ealy stage, The BEA reported today that real GDP for the first quarter (advance estimate) grew at an annual rate of only 0.5%. This continues the pattern of deeply disappointing first quarter results. This, however, is not just a seasonal anomaly. GDP growth has been slowing steadily since the strong second quarter of last year. ( this has been taken from a website and the link is :- https://econsnapshot.com/ as asked in the question).