US economy shrinks again, starting of recession?
In the contraction at an annual rate of percent in the 2nd quarter, 1.6% for the 1st three months? Has the drawn people's attention as a worries about the economy grow many people would consider as a recession. Prices for the groceries, food, gas and other basics are rising at the fastest since 1981, with a percent infringing rate at the U-S Central Bank rises.
The cost is the price pressure wheels are rising, that a recession is coming. Faced with thinking public confidence, U-S President Joe Biden has tried to make the case that the economy remains sad, noting that unemployment remains at a low 3.6 %, and of herring has remained June.
More details, please watch the video.
© Copyrights by Morning Lee Coach All Rights Reserved.