US Economic Forecast for 2013
US Economic Forecast for 2013
America, a country well known for its skill to maintain a favorable economy, is going through certain changes in its economic condition. The present scenario brings front many aspects that can be considered as serious reasons to make a thought about the future economic condition in the country. Financial experts have made various forecasts regarding the same that would bring a probable depiction of American economy in 2013. Following are some of those forecasts that would help investors make a smart and profitable decision.
US Economic Outlook 2013, Economic Innovator in 2013
America has a proud history of economic ingenuity. Since 1970, 51 Americans have been awarded the Nobel Prize in Economic Sciences (the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. Read More
Obama Economic Plan 2013, President Obama in 2013
Speaking at a campaign event in downtown Madison, WI, the day before being re-elected president of the U.S., Barack Obama said, “The war in Iraq is over. Osama bin Laden is dead. Our heroes are coming home. We’ve made real progress. But, our work’s not done. Our fight goes on.” Read More
Outlook for 2013 QE1, QE2, QE3
In 2008, Federal Reserve Chairman Ben Bernanke made his first step on the Quantitative Easing (QE) ladder in an effort to create more economic activity and higher home prices. Read More
2013 US Housing Market Forecast
Despite a continuing weak U.S. economy, some have been pointing to an increase in new home construction as a sign that the economy is rebounding. While the U.S. economy remains fragile, housing—which was ravaged by the 2007-2009 recession—has become one of the few bright spots. Read More
Federal Reserve Economic 2013 Outlook, No one knows this better than the Federal Reserve
Quantitative Easing (QE) is the act of printing money to buy government bonds that support spending programs. Since 2008, the Federal Reserve has printed roughly $3.0 trillion, or roughly $9,533 per person, and it’s climbing each month by an additional $85.0 billion. Read More
US Unemployment Rate Forecast 2013
When President Obama took office in January 2009, the unemployment rate was 7.8%. The following month, it cracked eight percent, where it stayed until September 2012, when it dipped to 7.8%. In October, it climbed up to 7.9%. Read More
Disposable Income Statistics 2013, Ongoing Decline in Disposable Income and Savings
The Congressional Budget Office expects the U.S. economy to remain moribund in 2013 and to exit the year with an unemployment rate of eight percent. The Federal Reserve has already dumped roughly $3.0 trillion into the U.S. economy and is adding $85.0 billion a month to that total. Read More
The meltdown of the U.S. housing market and economy, coupled with the reckless printing of U.S. currency, will eventually result in higher inflation and hit the U.S. economy and consumer hard. The average American’s bank account is already stretched, as Americans are paying more for basic necessities. Read More
Don’t get your hopes up for 2013. After a fairly robust year in 2012, the stock market is expected to experience real turbulence in 2013. America will experience an economic slowdown—one that could rival Europe’s. Read More
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