Economic news investigation
Holiday shopping season forecast: consumers fight for deals
Consumer sentiment beats expectations in December
Is the US economy running out of gas?
This article is about how the US economy could be on its way to another recession. This years recovery form the great recession from 2007-2010 is one of the slowest and lowest. we are now on our seventh year of recovery and this year hasn't been as good as others. Consumers, government and businesses haven't been spending as much money and investing so this past recovery has been very slow, that is one of the main reasons. We talked about the recession in class a little and this article talks a lot about what we learned. I think people should read this article so they can be more aware about what is going on in our economy today. This article was very informative and had a lot of graphs that made this information a lot easier to understand. The unemployment rate has gone up in the past two years and that is a good sign, but there was so many job loses in 2007-2008 that the jobs gained today don't help as much for us recovering and avoiding another recession.
Americans to Drop $20 Billion for Valentine's Day
This article talks about how much Americans will be spending on this Valentines day. Jewelry and air travel has gone down so more people are planning on spending more for those types of gifts for valentines day gifts. Men spend almost two times as much as women. All of this spending should help with our economy and GDP. We have talked about demand and GDP in class. A lot of consumers are wanting to buy Valentine Day gift so the demand for those products will gone up. The producers will have to make more products to sell which will in return make them more money. As long as the producers are able to make the products and keep up with the demand, their company should make money. This will help our economies GDP because more money will be spent that is totaled up in our GDP. This counts toward GDP because these products are being bought for the first time. So as long as you are buying gifts that are new from stores it will count toward the GDP. I think this article is very helpful and gives a lot of good information. It was easy to understand and a graph was in the article that made it even easier. The article has some facts about how much people spend and the percentage of americans celebrating valentines day by age. These are all helpful and make the article more interesting.
Falling US inflation may signal further market volatility
This article is talking about the USA's inflation and how it has been very inconsistent lately. Some people are worried about how inconsistent inflation is being and think that more people should be concerned about it. Some people have think that the decline in oil has a short term effect and some think that it has a more permeant effect. We talked about inflation in class and i think that this article relates best to that. Right now inflation is not steady. It is falling and getting lower. That can cause bad things for our economy because prices are cheaper and producers aren't selling their products at the prices that they want. I liked this article because it was informative and gave a lot of information. There were quotes form people so you could get a better understanding about what was going on and what people think about the falling inflation.