This reality suggests there are further long-term costs to the local population and the national economy at large, again exacerbating the spiraling effect of the damage from Katrina. Particularly if the city's ills such as looting, health hazards posed by poor sanitation, poor drainage, and poor public relations are not treated in an expedient fashion, many businesses will likely relocate from the area, precipitating the core industries of local economy into long-term decline and adding to the costs of this terrible human and economic tragedy to the city and to America at large.
Economy of china is one of the largest economies in the world after the United States of America. Over the years it has been regarded as the fastest growing economy in the world registering the highest number of exports and imports. This has been attributed to high population that the economy has to support. As a result, the economy has improved which has been reflected in terms of the infrastructure
Banks in India are required to provide 40% of their net credit to other sectors like agriculture, retail trade, small scale industries and business.Net assets of the banking sector are held by private banks which holds 18.2%, 75% by public sector banks while the 6.5% are held by foreign banks. China China is the largest economic powerhouse of the BRIC countries by both population wise and GDP. It had an estimated
Economy Based on the information provided by the St. Louis Fed, the GDP indicators for the U.S. are as follows. The real GDP growth is at 3%. The trend for this indicator is upward, as it has increased steadily over the past four quarters. Real GDP growth was on a downward slide for all of 2010, however, bringing it to a very low level at the end of the year, which
Economy in the News: Tax Cuts for Business In today's current economic situation within the United States of America, citizens are increasingly interested in facets of the economy that were once able to fly under the radar with minimal notice from economic laymen. However, with the country still dealing with the effects of a massive recession, economic initiatives undertaken within the country have come under intense scrutiny from the American public,
Economy has been showing slow, but steady improvement. I expect that it will continue on this pace for the next three quarters as a result of projects that have been made for the unemployment rates, GDP growth, and inflation. The rate of unemployment has steadily decreased with the rate being 8.2% for March 2012, which was a minor increase over February's rate of 8.3%. The rate in November had been
Economy The current state of the U.S. economy is that the unemployment rate as of April 2012 is 8.1% and the consumer price index was flat for that month (BLS, 2012). The first quarter improvement in the GDP saw an increase of 2.2% (BEA, 2012). The current interest rates are rock bottom, at 0.15% for six months, 0.19% for one year, 0.84% for five years and 1.98% for ten years. Five years
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