Bright Economic Forecast

Agriculture has been receiving high demands from abroad, even though it is only a small part of the U.S. economy. Corporate buying also increased but it’s still too early to “declare a comeback.” Improvements at “the big three” can be seen in increase sales at Ford, hiring at Chrysler, and large public stock offerings from GM. The question remains if these companies will they be able to compete long term with foreign motor companies that have proven to be more efficient? It doesn’t seem likely with GM’s sales reported as dropping 25% in August. On the positive side, American manufacturing also increased to “support demands from markets overseas.” Mostly the increase in manufacturing has led to an increase in temporary jobs, which does not signal an increase in job stability for American workers. I found it interesting that the sectors that seem to be prospering are ones that I would not have predicted. The United States does not have the most efficient production of agriculture worldwide, yet the agriculture industry is in high demand: why? Overall, I think that the economic growth mentioned in the article does not signify return to stability for the American economy...