quarta-feira, 3 de setembro de 2008

US economy is shwoing signs of recovery


Even though it may seem that all the signs that we use to see on Tv and newspapers may tell us that our economy is not as financially healthy as it should, the truth is that the Organization for Economic Cooperation and Development on Tuesday lowered its forecast for economic growth in the major European economies and Japan and raised its expectations for the United States, which it predicted will grow at the fastest pace of all G-7 economies.

The Paris-based international agency said tax cuts in the U.S., combined with strong exports, caused it to revise its expectation for economic growth to 1.8% this year, faster than the 1.2% forecast in June.

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