US Economy and Globalization Part 5 of 17
US Economy and Globalization Part 5 of 17
Indeed, economic growth was robust enough in the first estimate of third quarter growth to ring in at 3.9 percent. In an economy the size of the U.S., that means we added over $150 billion in output from July through Septembera lot of new economic activity. What we added to GDP in just one three-month period exceeds the total annual output of your neighbor New Zealand by 50 percent!
Households are still reasonably optimistic, although 60 Minute Trader by increasing demand and facilitated by a progressively weaker dollar. We meet tonight as the trade-weighted dollar skates along a post-Bretton Woods lownot an easy thing for a strong-dollar man to note.
Posted: September 27th, 2009 under Financing.
Tags: commodity trading strategies
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