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Is there a financial crisis in US?

Is there a financial crisis in US?

Global Economy Overview The world economy’s quick recovery from the COVID-19 recession may be weakening. The Brookings-Financial Times Tracking Indexes for Global Economic Recovery (TIGER) indicate global growth slowing, particularly in the two key growth engines, the US and China. A global economic recovery is also jeopardized by increased COVID-19 infections and inadequate vaccination attempts….

Unemployment in the US

Unemployment in the US

Global and US Context As a global economic and social issue, unemployment is a major concern. It happens every now and then in every country, including the US, that there aren’t enough job openings to go around. The unemployment rate constantly fluctuates because of the wide range of social and economic factors that influence it….

Importance of business plan

Importance of business plan

Table of content What is a Business Plan? Purposes of a Business Plan? Main Sections of a Business Plan What is a Business Plan? The first step in determining the long-term course of a business is to draft a business plan. At its most basic, a business plan outline should explain what you intend to…

What happened to the US economy in 2021

What happened to the US economy in 2021

Introduction Despite domestic challenges and a rapidly changing global landscape, the US economy remains the world’s largest and most important. US GDP, which makes up 20% of global output, remains larger than China’s. The sixth-highest per capita GDP according to the IMF (PPP). An advanced and technologically advanced services sector accounts for roughly 80% of…

Covid-19 Pandemic & New Business Formation in US

Covid-19 Pandemic & New Business Formation in US

As the coronavirus spread, the normal economic figures predicted doom. From February to May 2020, 20 million jobs were eliminated, and the pandemic is negatively impacted the whole global economy. But when it comes to new business formation in US, it is up. Despite a health crisis and one of the most severe economic downturns…