As the world sees major economies like China and India face some serious growth issues there has been eyeing off the world's number one economy as to what it has been doing in these times of crisis, yes we are talking about The United States economy which has been the centre of attention for a pretty long time. The United States has been stating that the economy has been growing steadily, which has been debated and has had mixed opinions, while most have stated that the economy is in deep trouble.
There has been a contradiction on the current status of the economy, but majorly it is clear that the nation is facing some major issues that, if not dealt with, could hurt the economy in a very bad way. But the hope came back to the United States as the markets on Wednesday outperformed themselves and have been the best they have been this year. So the nation is now pretty optimistic as this will be helped by the festive season growth, so we are expecting the economy to grow and enter the 2020 year with a good growth number this will only be possible if the trade war ends and the nation stops levying unnecessary taxes on the trade deals and hurt the Imports and exports which are crucial to the economic growth of the nation.
So the economy seems strong and the festive season and the stock market boost might just be the cherry on the cake in these times of crisis.
Tags : US economy ,