The U.S. economy went through an economic downturn following the financial crisis of 2007-2008, with output as late as 2013 still below potential according to the Congressional Budget Office. The economy, however, began to recover in the second half of 2009,and as of 2017, unemployment had declined from a high of 10% to 4.4%. Despite this positive turnaround, lack of increasing wages, emerging technologies, and outsourcing of jobs could have a negative impact in the near future.
- JUNE 2018
- Hiram Henriquez