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Recovery in U.S economy Fade Fear of Recession

February 23, 2016 8:06 pm

Recovery in U.S economy and fade fear of recession. In few weeks, the U.S economy was improving only grew 0.7% from October to December as compared the whole year 2015 and Federal Reserve’s estimate for first quarter growth was low only 1.2%. The following important points for U.S economy:

  • Retail sales fell 0.1% in December and revised up to a gain of 0.2% in January.
  • Regaining in Job market,  the economy added 151,000 jobs in January.and 192,000 accordingly.
  • Wages improved 2.5% in last four months.
  • Inflation rose 1.4% last month.
  • The Dow gain in last week of 2016.
  • Nasdaq and S&P 500 also gain in last week.
  • Shanghai Composite up 3.5% in this week.
  • Some fears, in 2016, low oil prices, China’s economy crisis, and U.S. economic expectations.
  • The hope from OPEC leaders freeze oil production.
  • U.S. retails sales reflect consumer confidence.

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