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The final quarter of 2012 painted a bleak picture for the US economy. But that was then, and the first quarter of 2013 is offering US citizens a different, more promising one, according to a recent report from the Fed.
But, the question remains – how does this compare to how other parts of the world are doing?
Full house – Housing Market Status
Faith restored in the Stock Markets
On the job
How about you all? What’s your feeling on the strength of the US and global economy at the present time and where it’s heading in the near future?
Share your experiences by commenting below!
Jacob’s Thoughts – Listed below are my random thoughts as I was reading this article.
- Very interesting guest post here! Thanks for sharing!
- Since I mostly watch Netflix movies, I don’t often watch news reports on the US/global economy, so it was interesting for me to hear some of the recent statistics about the housing market and unemployment rates.
- Regarding the comparison between the US and the UAE specifically and how both economies seem to be going upwards right now, it really highlights how globalized the US economy has become. In fact, it’s hard to find a company that does not have some sort of monetary foothold that it depends on another part of the world for, whether it’s manufacturing or customer base.
***Photo courtesy of http://upload.wikimedia.org/wikipedia/commons/d/d7/Philippine-stock-market-board.jpg