US Economy

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Issue:

Social Issues

 

Written by:

James C

 

Date added:

September 25, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1353

 

Was viewed:

3273 times

 

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Essay content:

Japan's 1.5% and the European Union's 3.5% GDP growth in 2000. The economy was booming during this period, and the growth of the economy led the United States to nine years of consecutive expansion in 2000, which was the longest ever in its history. However, the US economy suffered a slowdown in 2001 as the GDP fell to -0...
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This downturn occurred within the course of a year and led to this weakest performance since the first quarter of 1991 when the economy shrank 2.0% at the end of the last recession. This slowdown of the US economy in 2001 was due to several factors, primarily being the weaknesses in the manufacturing and IT sectors...
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