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“The U.S. forest degradation on January 12/2007“, the statement made yesterday by the Economic Research Department under NBER and U.S. government official acknowledged.

White House has been officially recognized by NBER concluded and that trying to accelerate the economic recovery by improving financial markets, credit, and land.

Normal degradation is usually identify if the economy you have 2 Lose decrease continuously. However, the group of experts that this particular criteria. “Degradation is the strong decline in all economic activity, lasting several months and can identify through the production, the labor market, income and some other newspapers.” In addition, the economy belongs to the NBER, degradation begins when the economy reached the top and ends when the economy hits bottom. Conversely, the process went from bottom to top is called the extension.
Regardless of the U.S. government has acknowledged or not, many months, has gradually degradation xiet and bóp nghẹt economy largest world. Photo: lh3.ggpht.com.

NBER said they the 12 months of 2007 due to the level of the U.S. economy after this milestone is big enough to be considered as a degradation. Month 12/2007 is also end of the process of expansion beginning in 11/2001, last 73 months.

According to official figures from the Government, draw back GDP 0.2% in the quarter IV/2007 increased 0.8% in the first quarter I/2008 and 2.8% in 4 next month. Then, the economy largest world once again go down to 0.5% in the first quarter III/2008.

However, for the NBER defined degradation not only be based on GDP, but also many economic indicators other. One important factor is up to the job market, capital Lose control decreased from 12 months last year. Monthly data on income, production, retail sales were also studied.

In his speech, NBER makes no prediction degradation will exist for how long. By group of economic perform the research, the degradation time before the end after 6 to 18 months.

NBER is the profit of the economic research employers, universities and some other agencies.

Before the official statement is made, many experts have identified the United States fall into degradation. Mr. Michael Fowkes, the analysis in Investor’s Observer, said: “Where fear degradation now become reality. Asked in place now the situation is coming to the currency and how long how long” .

According to Fowlkes, since the beginning of the year to date, 1.2 million jobs have been cut, but bad news will continue to on Friday, when data on the job 11 months are made.

Mr. Augustine Faucher, Researchers at hãng credit ratings Moody, predicted degradation will prolong the I/2009 and you will be “the coming period from the worst in the world war II times. In which, regardless of the solution of the government, unemployment will still level up 9% in early 2010.

Tags: National economic, United States, USA

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