Tuesday, May 1, 2018

The US economy just hit a milestone

The recovery following the 2009 recession has been a slow but steady process. It look longer than expected considering the nearly ten year expansion tied for the second longest economic expansion in American History. The slow and steady growth has actually been beneficial considering it has prevented the typical boom and bust cycle and has allowed the economy to grow at a steady rate. Unemployment rates have steadily dropped to 4.1%, the lowest we've seen since 2000. It will be interesting to see if the economy continues to progress and reach an all time high.


http://money.cnn.com/2018/05/01/news/economy/us-economy-great-recession-recovery/index.html

By: Michael Dieckman

No comments: