The U.S. Economy

Paper Summary:

The paper discusses the macroeconomic indicators registered by the US economy in 2000 and in 2006-2007 in order to be able to build an evolution perspective on future macroeconomic figures. The paper explores the gross domestic product (GDP), patterns of consumption and investments, government expenditure, net exports, economic growth indicators, employment statistics, the inflation rate and the financial market. The paper concludes with macroeconomic perspectives on the future of the US economy.

Outline:
Introduction
GDP and its components
Consumption
Investments
Government expenditure
Net Exports
Economic growth
Employment
Inflation
Financial market
Federal reserves and Money Market
Perspectives

From the Paper:

"Whether we are referring to GDP components or to economic growth, to unemployment or inflationary conditions, the macroeconomic elements portray in real and nominal terms the status of an economy. Taking into account that the US is considered to be the most developed state at a global level, all the other countries monitor its evolution, by tracking these particular macroeconomic elements that indicate the pace of development (recession, economic boom) and the social indicators - like unemployment, salary levels, saving levels."

Sample of Sources Used:

• Official Federal Reserve's website: http://www.federalreserve.gov/ , Retrieved date: 10th of October
• The Bureau of Economic Analysis website: www.bea.gov, retrieved on 9th of October
• National Bureau of Economic Research website: http://www.nber.org/, retrieved on 10th of October
• Official Federal Reserve's website, section of Monetary policy: http://www.federalreserve.gov/monetarypolicy/default.htm
• Dong, Joani. U.S. exports are the apples of importers' eyes. AgExporter. January 1992. On the Internet at http://findarticles.com/p/articles/mi_m3723/is_n1_v4/ai_11754647. Last retrieved on October 12, 2007

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