Econ 202
Econ 202
The United States has one of the strongest economies in the world. However, the question is how it one of the largest economy’s today is. To get a better understand of this question one must examine the data. From examining the latest economic indicators, one can say the United States economy has been healthy and growing steadily. Yet, even though the data shows that, the numbers of production has dropped a little compared to the months before. Nonetheless, the U.S. economy is still strong and growing but just shifted its scarce resources to invest in capital. From comparing the data between final goods and services to the data of construction, one can see the shift in the recent months. However, the question is why the shift from production to investment in capital. One can assume that this shift was due to the season.
It is true that the level of production has decreased compared to the previous months but it is still higher than last year’s numbers. As the data shows in such economic indicators as the MONTHLY WHOLESALE TRADE: Sales and Inventories and the FIRST QUARTER 2006 ADVANCE DATA FROM THE QUARTERLY FINANCIAL REPORT U.S. MANUFACTURING, MINING, AND WHOLESALE TRADE CORPORATIONS. Even though the indicators show,