America involved in storms and strikes; Economic growth slowed down
reports Mehr News Agency , according to the US Department of Commerce, the country’s economy rose at an annual rate of 4.9 % between October and December, down 4.9 percent in three months. This speed of growth, which was boosted by considerable growth in consumer costs, was weaker than the prediction of economists.
These figures were obtained in the midst of severe ambiguities about the world’s largest economy, as US President Donald Trump demands Policy has changed. His plans include a major reduction in government spending and the implementation of trade tariffs that may be announced this week.
It was expected that the US economy would rise by approximately 4.9 % in the last three months of the year, though analysts said. The details of the Ministry of Commerce’s report show that the growth has remained constant.
Ellen Zentenner , strategist Economic senior for the Morgan Stanley Institute’s wealth management said that the American consumer was unstoppable and with the creation of wealth, a strong job market and a loan support. It becomes. Consumer costs, the largest stimulus of the US economy, increased by 4.9 %. -align: Justify “> Pantheon Microaconomics noted that consumer costs were mainly increased by increasing purchases of goods, including cars. He said this could indicate a temporary explosion by people who are concerned about the impact of potential tariffs on prices. He added that caution should be taken over the conclusion that the basic domestic demand is unacceptable. Imports indicate goods; contractions in business activities that have almost influenced neutral on overall growth digit. Economists decrease imports from growth because it is not done in the country . Private investments, which analysts say, probably were injured by an attack on the Boeing Aerospace Giant, also declined.
Analysts have also warned that the figures, which are preliminary and being revised, may be affected by disorders. caused by ‘two big storms that broke out in the fall of America.