United States Case

The United States is just coming out of a recession. Around the beginning of this year we were in a deep recession and prices inflated and workers were losing jobs and the unemployment rate was high. Debt was growing to an unimaginable amount. During the summer gas prices along with grocery prices slowly started to go down. Although they are not as low as they could be the improvement in the economy is visible. The United States is now in the trough cycle. This is because although the economy is improving slowly; the demand of production of goods is not there. We have worked our way out of economic crisis but not our way to recovery.

The United States is at the beginning of the trough cycle. This is because although prices of some goods and services are lowering, we are still in extreme debt. Although the debt we are collecting as a nation is not lowering, but it's actually predicted to grow, this will not keep the country in a recession. Jobs are starting to appear. The current unemployment rate is 7.4%; while at the beginning of the year it was 7.9%. This is a very large difference when you think about all of the people in the United States. Although the unemployment rate is lower, the U.S is not in a recovery because compared to other years of great recovery 7.4% is still high. The economy as a whole is making improvements little by little.

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