We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Forecasting the Future of the US Economy Over the Next Year - Research Paper Example

Comments (0)
Summary
Micro and Macro Given the great worsening of balance sheets in US households as well as businesses, the probable decrease of the volume of potential output of the US economy predictions of the economy of the country in next years’ path carries a great degree of uncertainty…
Download full paper
GRAB THE BEST PAPER
Forecasting the Future of the US Economy Over the Next Year
Read TextPreview

Extract of sample
Forecasting the Future of the US Economy Over the Next Year

Download file to see previous pages... However, the recovery of the U.S. has been expected to carry on, albeit at the sluggish pace (Elwell, 21). This paper is aimed at providing forecasts on the future of the US economic variables. Effects on economic variables: The level of inflation has been very high since 2007. This high level of inflation is now considered as the biggest problem in the country by the Fed. Due to this high level of inflation, consumers are not getting capable of purchasing costliest goods and services and hence business organisations which are engaged in production of these goods and services are leaving the industry. Again this is reducing the level of income in the country and hence the level of demand for necessary goods and service. The Fed is expecting to have a subdued in the next few years because of weaker level of real economic activities prevailing in the country. But the Fed is expecting to have a lower level of inflation rate in 2013 which is expected to increase the volume of economic activities in the country. The Fed is expecting that the current rate of change in overall prices is expected to fall to 1% to 2% from its current level of 3% within five years. But the Fed is expecting that the rate of inflation will remain unresponsive in newt few years due to the fact the American economy is still under the curse of financial and economic crises situations (Minutes of the Federal Open Market Committee, 1). The Federal Reserve or Fed, in short, holds a very positive view regarding the current economic activities and the current condition of the financial market of the country. The chairman of the Fed, Dr. Ben S. Bernanke, has argued that after the global financial crisis of 2007-08, the American economy is experiencing greater volume of economic activities (Bernanke, 1). The IMF predicts the value of real GDP in the US to rise at 1.5% in 2011 (which is lower by1.0 percentage points than that of in June 2011 prediction) and at 1.8% in 2012 (which is lower by 1.1% than the June 2011 prediction) (Elwell, 21). The Open Market Committee of the Federal Reserve predicts the real GDP in the year 2012 to exist in the range of between 2.3% and 3.5% (the growth prediction for the year 2012 almost about 0.5 percentage points lower than that has been made in the June 2011). Also according to the Fed predictions the rate of unemployment is estimated to be in the range between 8.1% and 8.9% in the year 2013 (Fiscal Year 2013: Analytical Perspective: Budget of the U.S. Government, 19). Global Insight, which is a renowned economic forecasting private company, has recently predicted that the real GDP in the US will advance 1.4% by the end of 2012 (lower by 1.3 percentage points compared to its June 2011 estimation). The rate of unemployment in the country has been estimated to be around 9.3% in the year 2012 and 2013 (Elwell, 21). The level of FDI in the country is not expected to grow at much rapid speed compared to the past. In the global increasing in the amount of FDI inflow to $1.4–$1.6 trillion in the year 2013, the US inflow of FDI is predicted to move in the range of $245 to $255 billion in 2013 (GLOBAL INVESTMENT TRENDS, 17). Again, it is expected by the researchers that the rate of interest will remain comparatively low as well as stable in the next year following the rapid growth of developing countries. This increasing growth of countries such as India and China will increase the volume of trade in favor of USA. Also the corporate bonds and ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Corporate Social Responsibility and the US Economy
The researcher of this essay aims to pay special attention to overutilization of resources and corporate charitable contributions in relation to the tax benefit received. For achieving the research’s objectives The Minnesota Mining and Manufacturing Company and The Home Depot Company were taken as case studies.
11 Pages(2750 words)Research Paper
Illegal Immigration & US Economy
The increase in the figure of illegal immigrants in the United States during the last 10 years, which is five million to twelve million, has led to apprehensions regarding the effects of illegal immigration on earnings and public investments, as well as the possible safety risks caused by illicit entrance into the country.
4 Pages(1000 words)Research Paper
Comparison of ratios over a two-year period
By systematically using different ratios, an analyst can actually get an insight into the overall performance of the firm while at the same time highlighting the areas where further improvements are required. Financial ratios can be placed in different categories and an analyst can easily calculate different ratios falling in each category to better understand the performance indicators and also suggest a course of action required to improve the situation.
6 Pages(1500 words)Research Paper
Next President of the US
As the current president of the country, he is the 44th man to sit in the Oval Office at the White House as our Commander in Chief. Prior to becoming our president, he was a civil-rights lawyer who was elected to the Illinois State Senate in 1996. He served in this capacity until 2004 and was elected president in 2008.
4 Pages(1000 words)Research Paper
The future of US military intervention
Example of such interventions include the Vietnam War that was orchestrated by French government’s call for U.S.’s assistance in countering Islamic influence that was becoming pervasive in most parts of Asia. The recent interventions are the Iraq war and Afghanistan war, with the latter being triggered by September 11 terrorists attack on American soil.
15 Pages(3750 words)Research Paper
Select ONE country and consider the countrys current and likely future role in transnational crime over the next decade
corporations in increasing contact with the foreign entities. This integration has contributed positively on the growth of illicit transactions across the borders. Moreover after the Second World War, U.S has witnessed a considerable amount of immigrations from all
14 Pages(3500 words)Research Paper
The US Economy vs.International Economy
f the opinion the recovery is not strong enough yet to absorb fully all of the proposed $600 billion stimulus plan to reinvigorate the American economy. In particular, Mr. Hoenig want to approach stimulating the economy slowly for fear of igniting inflation again. Additionally,
1 Pages(250 words)Research Paper
Forecasting future trends in digital crime and digital terrorism
This is because as the technology is evolving, people are using these advance technologies to do unlawful activities and this problem will only increase with the passage of time. To know about the future
6 Pages(1500 words)Research Paper
Forecasting key financial variables in Shariah Based Financial instruments
) function, a base historical data considering 12 months (n = 12) was quantitatively forecasted to predict the performance of the indices for 11 years. Results Evaluate that 3-5 year investments were more reliable than 7-10 year investments. Additionally, using benchmarking
12 Pages(3000 words)Research Paper
Written Assignment 1: Estimating Regional Air Transportation Demand
a twenty-year vision, then it probably wasn’t off the mark at all.Its2015, and we can already see operations in the airline industry changing at an incredible speed. At present, the airline industry supports over thirty-two million flights each year on a global scale. The same
4 Pages(1000 words)Research Paper
Let us find you another Research Paper on topic Forecasting the Future of the US Economy Over the Next Year for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us