Archive for the ‘Economy’ Category

The US Economy

Saturday, February 4th, 2012

The US market is recovering and the evidences of it are apparent. After the year 2008 there was not much of pace in the market and all the sectors and business were incurring loss. However in a recent survey it was found that the service sector in US has got a major boom thus breaking all the records and therefore giving people hope of everything being normal they way it was before the market crashed. The service sector is the 80 percent jobs in US and thus holds a lot of importance for the economy. Thus has a big contribution to strengthen the economy.

A Giant Economy

Saturday, February 4th, 2012

It would not be wrong to call the US economy as a giant which is not in comparison to any other world market but is shaping the world market.Eventhough the most of the funds in the US market is claimed to come from overseas the enormous concentration in the field of finance, pharmaceuticals, biotech, information, software and retail trade make it dominate the whole world. In every top ten companies around the world the top few would be from the US. According to a survey almost forty eight percent of the big companies and banks are from United States of America.