United States economic growth is the only reason: consumer shopping spree

United States new 1xbet in an economic report showed that the country’s economy continues to grow does not enable the fire. Data showed that the broadest economic indicator–gross domestic product growth on an annualized basis in the second quarter was 1.1%. Not bad, but also not surprised.

However, if there is no consumer spending unexpected increase in United States economy it is impossible to usher in this level of growth at all. United States Government personal spending index climbed 4.4% in the second quarter, setting a “great recession” since the end of the second reading. Car and bus (recreational vehicle) spending is a big hero. Along with the United States labor market recovery – the current unemployment figure of 4.9%–people are more willing to get out of the House.

In fact, the United States economic growth, the only reason is the consumer. In General, enterprises have become United States drag on GDP growth. At present, the United States enterprises remained tight-fisted in investment needed for the continued economic growth of technology, equipment, and construction sectors. Key indicator of corporate spending in the second quarter dropped by 0.9%. This is business investment for the third straight quarter of decline. Since the “great recession”, the United States has never seen such a situation.

Of course, before decisions on major investments, enterprises need to determine whether the stability of the economy. Channel 1xbet economy think the ideal situation is, consumers continued to increase their spending, and induce enterprises to join the spending party. If there is–may be in the noisy party after the end of the presidential campaign season–United States economy will actually turn up.