Economic Status Analysis
Economic Status Analysis
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The economy of the United States has displayed several positive growth and development signs in the last six years (Curtis, 2015). Since the United States experienced a recession between 2007 and 2008, the country almost became a slump later. The broadest economic growth measure, particularly the GDP growth rate has displayed a positive response, and currently, it has attained about 5%. The increase is due to the increase in production activities in the service and manufacturing sector in the economy of the United States. However, the rate of unemployment declined to 5.8 since 2015 leading to mild consumer inflation. In the United States, the high level of technology makes the nation a high capital intensive (Economist, 2015). However, the issues of an extended period of unemployment and declined participation rate in work have resulted in a structural problem………..
 APA 361 words