The economy of the United States has seen an inter-mixed response from many professionals. Some have overturned it to be dipping down while for the others the state of economy seems to designate an incremented value. The financial market news on the other hands has its own very evidences in favor of both the terms. The government statistics have shown that the GDP in the first quarter declined at an annual rate of 0.1% as per the proper estimations. But the re-collected data implies that the GDP declined much low to a 1% mark in the first quarter.
Now, some rationalize that this can lead to an increase in the GDP in the next quarter because the decline in the first quarter implied that the incoming debts have increased which in turn depicted somehow that the consumers are increasing their rate of spending money more than that they have earned which is considered as a sign of a better economy. But, for some long term sustainable economic health is procured through savings and not debts.
A brief insight of these conditions suggests that the economy will go down if debts on individual person increase at this rate. Clashes of thoughts are there with suitable evidence and support but they might prove futile for the longer investment business.
Now, some rationalize that this can lead to an increase in the GDP in the next quarter because the decline in the first quarter implied that the incoming debts have increased which in turn depicted somehow that the consumers are increasing their rate of spending money more than that they have earned which is considered as a sign of a better economy. But, for some long term sustainable economic health is procured through savings and not debts.
A brief insight of these conditions suggests that the economy will go down if debts on individual person increase at this rate. Clashes of thoughts are there with suitable evidence and support but they might prove futile for the longer investment business.
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