This article, or rather speech by William C. Dudley, the President and Chief Executive Officer of the Federal Reserve Bank of New York details the current national economic conditions of the US economy. He explains that the economic recovery is looking more solid, and that we have had the most steady growth in the past year than we have seen in awhile. However, it is far too soon to conclude the actual condition of our economy, and how long it will take until we are "out of the woods." He goes on to discuss growth, employment and the current housing situation, three main topics of concern within the past few years.
http://www.newyorkfed.org/newsevents/speeches/2012/dud120319.html
1 comment:
I feel like people have been saying we are seeing good signs of growth for the last year and a half, but we don't seem to be able to completely rid ourselves of the lingering effects of the recession.
Post a Comment