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FED: the crisis is past, the economy is growing again |
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World -
Economy
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Thursday, 10 September 2009 12:27 |
 However, the economists warn that recovery is fragile and that everything depends whether the consumers will begin to spend money.
The latest research from the U.S. central bank, the Federal Reserve (Fed), shows that the U.S. recession is over and that the economy has started to rise again.
Growing unemployment, for which Americans are careful, could significantly slow the economic growth. According to survey all 12 regional areas of the reserve except one reported that economic activity is stable or that shows signs of stabilizing.
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