Despite the US economy still appearing to be in bad shape, there seems to be a lot to look forward to this year. As far as the economy is concerned, 2013 will surely be tough, but there are rosy roads ahead already set up.
 |
| Image Source: guardian.co.uk |
Despite the various indicators of bad prospects, the country may well be able to weather the unstable economy at some point this year, if some optimistic economists are to be believed. While realistically there are so many factors that could dampen economic growth and stability in 2013, recovery efforts will surely hold back those forces, or at least dwindle them a bit. Currently, the country is looking optimistic due to the respectable GDP growth (3.1 percent) during the third quarter of 2012. It’s a good pace for a good start. Even amidst the cash-hoarding by companies fearful of a new downturn, investments will likely grow in key industries spurred by lower energy prices. Conversely, this will sustain the ongoing relative growth in consumer spending that puts the market at a buoyant level. The seeming rebound in the real estate industry might also add to the growth and might even help boost employment. The trickle down effect may even reach the ailing legal sector.
 |
| Image Source: calculatedriskblog.com |
Bad economy will always be a recurring phenomenon. At this stage of economic scarcity, optimism may be one of the priciest things in the world right now. Nevertheless, it wouldn’t hurt to try to afford hope while America tries to avoid a fall.
 |
| Image Source: entrepreneur.com |
For more about Evan Granowitz, the legal sector, and the economy, follow this Twitter page.
No comments:
Post a Comment