首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
考研
Positive surprises from government reports on retail sales, industrial production, and housing in the past few months are leadin
Positive surprises from government reports on retail sales, industrial production, and housing in the past few months are leadin
admin
2010-11-27
51
问题
Positive surprises from government reports on retail sales, industrial production, and housing in the past few months are leading economists to revise their real gross domestic product forecasts upward, supporting the notion that the recession ended in December or January.
Bear in mind: This recovery won’t have the vitality normally associated with an upturn. Economists now expect real GDP growth of about 1.5% in the first quarter. That’s better than the 0.4% the consensus projected in December, but much of the additional growth will come from a slower pace of inventory drawdowns, not from surging demand.
Moreover, the economy won’t grow fast enough to help the labor markets much. The only good news there is that jobless claims have fallen back from their spike after September 11 and that their current level suggests the pace of layoffs is easing.
The recovery also does not mean the Federal Reserve will raise interest rates soon. The January price indexes show that inflation remains tame. Consequently, the Fed can take its time shifting monetary policy from extreme accommodation to relative neutrality.
Perhaps the best news from the latest economic reports was the January data on industrial production. Total output fell only 0.1%, its best showing since July. Factory output was flat, also the best performance in six months. Those numbers may not sound encouraging, but manufacturers have been in recession since late 2000. The data suggest that the factory sector is finding a bottom from which to start its recovery.
Production of consumer goods, for instance, is almost back up to where it was a year ago. That’s because consumer demand for motor vehicles and other goods and the housing industry remained healthy during the recession, and they are still growing in early 2002.
Besides, both the monthly homebuilding starts number and the housing market index for the past two months are running above their averages for all of 2001, suggesting that homebuilding is off to a good start and probably won’t be a big drag on GDP growth this year.
Equally important to the outlook is how the solid housing market will help demand for home-related goods and services. Traditionally, consumers buy the bulk of their furniture, electronics and textiles within a year of purchasing their homes. Thus, spending on such items will do well this year, even as car sales slip now that incentives are less attractive. Look for the output of consumer goods to top year-ago levels in coming months.
Even the business equipment sector seems to have bottomed out. Its output rose 0.4% in January, led by a 0.6% jump computer gear. A pickup in orders for capital goods in the fourth quarter suggests that production will keep increasing—although at a relaxed pace—in coming months.
选项
A、their government is announcing the end of a recession.
B、US economy is showing some signs of an upturn so soon.
C、some economic sectors have become leading industries.
D、they have to revise the product forecasts so often.
答案
B
解析
细节推断题。题干问,美国经济学家们对什么感到诧异。文章第一段指出政府报告中关于过去几个月的零售业、工业生产和房地产的positive surprise使得经济学家们修改了他们关于GDP的预测,这说明美国经济是呈恢复趋势的。
转载请注明原文地址:https://kaotiyun.com/show/DwZ4777K
0
考研英语一
相关试题推荐
TheauthorthinksthatDanesadopta______attitudetowardstheircountry.WhichofthefollowingisNOTaDanishcharacteristic
Whenitcomestosuingdoctors,Philadelphiaishardlythecityofbrotherlylove.Acombinationofsprightlylawyersandsympat
Accordingtothetext,policymakerssolvetheproblemsinthehousingmarketintheUSby______Whichofthefollowingisunl
Accordingtothetext,policymakerssolvetheproblemsinthehousingmarketintheUSby______Accordingtotheauthor,the
Themodernuniversityistheidealenvironmentforthecreationandtransferofknowledgethatdrivesnationalcompetitivenessi
Whyaretheresomanyproblemswithappraisals?Howarepersonalappraisalsimportantforcompanies?
Whatistheauthor’sopinionaboutwork?Asputbytheauthor,mostoftheworkthatmostpeoplehavetodois______.
ItisgenerallyrecognizedintheworldthatthesecondGulfWarinIraqisacrucialtestofhigh-speedWeb.Fordecades,Ameri
Overthepastfewdecades,thecommoninterestshowninappliedmathematicsis______.Accordingtothisintroduction,thebest
ByintroducingthecaseofJones,Theauthorwantsto______IfJonesappliedforherpositiontoday,thepossibleresultwould
随机试题
企业本期发生的下列费用和损失,影响企业当期净利润的有()。
A.红景天苷B.水杨苷C.芥子苷D.腺苷E.牡荆素属于碳苷类化合物的是
高某因不服市国土局行政处罚决定向法院提起诉讼。诉讼过程中,国土局撤销了原处罚决定。高某遂向法院申请撤诉,法院作出准予撤诉的裁定。2天以后,市国土局又以同一事实和理由作出了与原来相同的处罚决定,高某应当如何处理?下列说法错误的有:()
冶金冷轧工程界定为中型工程的生产能力是()。
在建设工程项目施工过程中,施工机具使用费的索赔款项包括()。
月末结账时,不仅需要在最后一笔经济业务事项记录之下划通栏单红线,还需要再结计一次余额。()
证券市场监管的原则不包括()。
财政政策与货币政策在消费和投资需求的形成方面不同,主要表现在()。
甲公司为一家上市公司,2×19年2月1日,甲公司向乙公司股东发行股份1000万股(每股面值1元)作为支付对价,取得乙公司20%的股权。当日,乙公司净资产账面价值为8000万元,可辨认净资产公允价值为12000万元,甲公司所发行股份的公允价值为2000万元,
下列哪项不是硫胺素缺乏早期的主要表现()。
最新回复
(
0
)