The US’s GDP growth rate has been very low since the recession. An article posted on MarketWatch.com stated that the GPD growth rate “has failed to surge into to 7% to 10% range as typically happens after a deep recession.” GDP, a summation of consumption, investment, government spending, and exports minus imports, has seen recent growth due to a rise in the consumption aspect of GDP. Economists have seen a 3.2% increase and hope to see even bigger growth in the near future.
Advertisement
