U.S. economic recovery process analysis by Alan Greenspan

Economic new today about the U.S. economic recovery based on the analysis of Alan Greenspan the former Fed governor. Greenspan mengatakan bahwa awal tahun perekonomian AS sempat dilaporkan mengalami pergerakan yang signifikan dengan naiknya data sektor manufaktur dan properti bukan hal positif tersebut bukanlah merupakan sebuah jaminan yang dapat membuat perekonomian dapat stabil dan mengarah ke sebuah pemulihan ekonomi.” onmouseover=”this.style.backgroundColor=’#ebeff9′” onmouseout=”this.style.backgroundColor=’#fff’”>Alan Greenspan says that the early years of the U.S. economy had reportedly experienced a significant movement by increasing the manufacturing sector data, and property is not a positive thing not a guarantee that can be made stable and the economy could lead to an economic recovery. He focuses on several factors such as the economic fundamentals are still movement of U.S. stock market still has bullish trend at the beginning of this year. Even at the last February 5 U.S. stocks suffered impairment lowest since July last year. For the Dow Jones this year has suffered impairment of 4%. On the other hand, Greenspan saw that the trend of unemployment is still difficult to recovery, although in January and the unemployment rate has decreased to a level of 9.7%, Greenspan saw until with the end of this year the U.S. unemployment rate will still be high on  ranged between 9-10% position. A sufficient condition is difficult for workers to be absorbed in various economic sectors in a relatively short time due to the economic crisis. Since the U.S. economy into a recession, as many as 8.4 million workers have been trimmed from various economic sectors. This condition is the worst since the U.S. experienced “Great Depression” in the 1930s. While up to last December, the unemployment rate could penetrate the 10% level. Hopes there is still enough maish although the U.S. economy faced with several problems. Economic growth, according to Mr. Greenspan still likely to increase in the first quarter of this year. Increased economic growth had a significant place in the last quarter of last year where the U.S. economy to record a movement increased 5.7% which is the highest economic growth in the last 6 years. Property sector, manufacturing and retail judged to be one proponent of economic growth after the third of these factors provides a good achievement in a few months backs. Moreover, President Obama plans to return economic stimulus package pouring 1 trillion dollars in order to encourage increased performance of the property sector. Finally, Greenspan said that the way the U.S. economy is still too long and did not close the possibility that the U.S. economy will only really happened in the recovered next year.

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