Monday, January 29, 2018

U.S. economic growth slows as imports increase at fastest rate in 7 years



In the article it talks about how economic growth has slowed in the fourth quarter of 2017.  With the rapid rise in imports it is safe to say our net exports has decreased.  With net exports decreasing that means that the dollar strength or the international value of the dollar has increased.  If the value of the dollar increases less people will want to invest in the United States from foreign countries because it has become relatively more expensive.  However, a strong dollar allows U.S. investor money in other countries stronger.  While this may not have a positive effect on GDP, GNP may increase because these companies operated not in the U.S. are owned by U.S. residents.


https://www.nbcnews.com/business/economy/u-s-economic-growth-slows-imports-increase-fastest-rate-7-n841316

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