U.S. economy sticks to the center lane

Discussion in 'The Economy' started by Admin, Nov 16, 2015.

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  1. Admin

    Admin Captain Staff Member Administrator

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    The middling U.S. economy sticks to the center lane

    If the U.S. economy were a car on the highway, it would be cruising in the middle lane.

    Most companies are experiencing steady growth, especially large service-oriented firms that provide health care, financial expertise, technology and the like. Builders have ramped up construction to tap into increased demand for housing, and auto companies are making a killing.

    Yet the economy has been unable to switch into the fast lane because of weakness in several key areas.

    Read more at:

    http://www.marketwatch.com/story/the-middling-us-economy-sticks-to-the-center-lane-2015-11-16
     
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  2. Atilla

    Atilla Major

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    The U.S economy is actually doing much better than many of the world's larger economies. China, Russia, and Europe are trouble. The U.S Fed is able to print more money without having much inflation, other countries can't do this. If they do people flee to the dollar.
     
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  3. Technofox

    Technofox That Norwegian girl Staff Member Ret. Military Developer

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    Manufacturing's been inconstant this year, though in the past few months it has picked up markedly. Employment, services and even housing (until recently, though weather has more to due with that as near-winter months aren't peak housing times) have been bright spots.

    Interestingly, with a recent upturn in the US economy, driving, which had been on the decline in the US partially due to a weakened economy which drove some workers into urban centers where public transit was more establish and made greater sense with increased traffic and decreased commute distances, is now increasing as more US workers return to employment, gas prices dive and workers have greater discretionary income to spend on travel expenses (further reinforced by an uptick in hotel room bookings).

    ...

    Total vehicle miles traveled has been surging of late, with the 12-month rolling average hitting another all-time high in September 2015:

    [​IMG]

    The rate of growth has been particularly striking: In September 2015, vehicle travel on all roads and streets was fully 4.3 percent higher than in September 2014. Over the past year, as Reuters' John Kemp points out, vehicle traffic has grown at its fastest rate since 1997.

    But, of course, some of this can be chalked up to simple population growth. There are more people in the United States with each passing year, which generally means more drivers. So a better metric, arguably, is vehicle miles per capita. To that end, Doug North of Advisors Perspective offers the population-adjusted chart below.* Vehicle miles per capita remains lower than it was back in 2005, but it's nonetheless been rising sharply over the last year:

    [​IMG]

    Either way you slice it, driving has been making a comeback of late.


    These charts come from a Vox.com report: http://www.vox.com/2015/11/25/9800614/peak-car-driving-rebound

    ...

    All in all, good vibes from the US economy, especially as the developing world including China, Russia and Brazil go through difficult changes and the developed world remains problematic.
     
    Last edited: Nov 29, 2015
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  4. Rene Atthowe

    Rene Atthowe Officer Candidate

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    No, doubt USA economy is the best economy around the world. But we should not forget that China, Japan and Russia are also increasing its economy day by day. Maybe,in future, these countries will equally stand with USA economy.
     
  5. LoveFiend

    LoveFiend Officer Candidate

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    well the US economy is on its all time low and for 2016 and beyond, all official U.S. economic forecasts call for stronger growth ahead. But, economic output is not the only variable on the rise. Inflation, debt levels, interest rates, and market valuations are also increasing. What does this mean for investors?????????????????????
    And the economic outlook for 2016 has cleared all the doubts regarding the flatten economy that has created a huge loophole in the system and if the situation continues to be the same unemployment will surely be on the cards.The Federal Reserve is more optimistic. Current forecasts call for unemployment to be in the range of 4.8% to a high of 5.1% by the end of 2017. Therefore, the headline unemployment number is expected to decrease slightly
     
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