Financial Information Booklet

Hi, after a long time I am back. Sorry for not writing so many days. But today I have a very good reason to write this post. For last few months many people specially from finance sector were saying that the US economy is soon going to recover from recession, but many people had different opinion then. But finally here is a good news for all those folks who were singing the positive note about the US economy, they have a reason to smile now. At least I do think so, because in the third quarter our US economy has expanded after blenching for last four sequential quarters. The GDP has expanded @ 3.5% which has helped to adjust the annual rate. But we should not expect a rapid growth of GDP in next quarter. Because it will be really tough as companies have cast off jobs and credit is still very tight.

Thanks to the support of federal programs that encouraged spending on cars and house building, these two components have played a huge role in GDP growth.