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How Is the US Economy Doing?

right now 2009 the us economy is in a recession, but could in a depression later on in the future if we are in a recession for too long.


Why the recession in us economy affecting the world economy?

many events


If there's a recession in the us economy do it influence the economy's of Asia?

potatoes are round


What triggers 2007 us recession?

Democrats


How much did US imports shrink due to the recession of 1858?

On a national basis the recession of 1858 effected many aspects of the US economy. As one example, imports decreased by 25%. With the economy in recession, money to purchase imports went down.


What does a down term in US economy mean?

Recession of the economy, or falling part of one economic circle.


Is the us economy in a depression in 2009?

The US economy is in recession, as people have less money to spend. It is not yet a depression in which the entire ecomomy collapses, but it could still happen later on.


Factors which slowdown economy of US?

The recovery from the recession in the US economy has been slower than expected in 2014. This is because of a lack of consumer confidence reflected in the area of consumer spending.


Why the recessien in the us economy affecting world economy?

The U.S. is a prominant figure in the world economy. Many countries trade with the U.S. When people are buying less in a recession in the U.S., countries that trade with us have less business and their economy slows down with ours.


What is difference between depression and a recession?

A recession is a low point in the economy. A depression is an extreme low point in the economy that lasts a long period of time. We are at a recession, in the 1930's their was a depression in the US.


Why did the US economy collapse in 1920?

The United States economy was in recession due to the spending of World War I during the 1920s. This caused the Depression where there was a decline in real products.


Was there any problems when Barack Obama became the US President?

There were many and still are many problems. One problem was the economy was not what most Americans wanted and the American economy experienced a recession