Posts Tagged ‘Consumer Spending’

Recovery Of The US Economy

Friday, January 1st, 2010

The 2.2 percent growth in the third quarter of 2009 has both relieved and disappointed a lot of economists seeing as it indicated that the economy is showing signals of growth, yet the forecasted 2.8 percent growth wasn’t met. 

Despite the fact that the 2.2% recovery is seen as a blessing, there are still few factors being blamed for the slow rate of growth.  Factors such as poor consumer spending, companies cutting back on inventory supplies, office software and equipment received low business investments, and construction in the commercial sector was not strong. 

Even though it looks as if that the recovery fell short for almost everyone, it is still a sign of hope for a lot of Americans that the economy is showing signs of growth.  Following months of decline, it was only from July-September 2009 where growth in the economy occurred and many are hoping and predicting that the current quarter will realize a higher percentage growth rate. 

At the start of 2010, experts are saying that the overall growth for the last quarter of 2009 will be at 4 percent.  This will mirror the economic growth of 5.4% in the first three months back in 2006. 

Even though the economy is growing, the country’s economy still has to overcome existing challenges before it can see a considerable recovery on the whole economy.  At 10%, the rate of unemployment may continue to rise.  This would definitely influence recovery and may slow next year’s economic growth to just 2%.

The growth in this year’s last quarter is credited to recovering companies spending principally on office supplies and inventory that were reduced since the credit crunch.  Thanks to such improvement, factory production will go into overdrive and will be a factor for economic recovery.

A rise in export sale and rise in consumer and corporate spending are also expected to provide a hand on the last quarter growth. 

One major factor that lead to last year’s economic plunge was the housing crisis where mortgages kept piling up until financially troubled homeowners were no longer able to sustain them.  This resulted not just to people losing their houses but a lot of people needed to tighten their budget wherein buying a home is no longer an alternative. 

The recession also affected the auto industry where major car manufacturers such as General Motors came across a major decline in sales forcing them to lay-off thousands of workers and appeal to government bailout.  These further contributed to the decline in the country’s economy. 

Thanks to the $8,000 tax credit offered by the government to first-time home buyers, home-sales stayed floating and the cash for clunkers program benefited both consumers and car dealers.  Although the cash for clunkers program is no longer ongoing, the tax credit for homebuyers would still go on for the next year and is expected to play a role in the continued economic recovery.

There are still doubts whether the economy could keep up its level of recovery for the next 2-3 years.  Economists say that the government needs to present new stimulus programs in order to encourage consumer spending, which is considered the means of support of the overall US economic activity.

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Get Paid for Surveys Online, Make Extra Money!

Monday, November 23rd, 2009

The world economy is not in the best of shape about now. Many people are out of work, many are looking for how to make extra money to help out. People turn to the Internet, searching for ways to increase their income.

You can certainly make money on the Internet, but where to start? Most ways of making money demand certain skills and training. There is a learning curve involved, plus a lot of study and some heavy investments requiring significant amounts of cash. There are exceptions, however…

You could start your own “Paid for opinion” income stream coming in! Just Click Here! It’s really easy to get paid for taking surveys and get checks in the mail every month!

Here’s the way that works. Large companies need feedback from the consumers of their products and services to plan new products and improve existing ones. They also need that kind of feedback to measure the effectiveness of their advertising.

65-70% of the economy of the U.S. and other developed countries is made up of consumer spending. Almost all big companies have very little or no contact with the ultimate consumers of their products and services. Everything gets sold through retail outlets, distant from the manufacturers.

Companies contract with market researcher to measure consumer preferences and opinions. Market researchers use mostly surveys to measure consumer opinion. Almost all of these surveys are now done over the internet, online.

This is big business on the Internet. There are thousands of surveys being made every week. So how do they get people to take the time to fill out those surveys? They pay them. A short survey might pay $5 to $10 and take 10-15 minutes. A longer survey could pay $25-$50 and take 18-25 minutes. Not much per survey but they add up.

How much money can you make? That depends on your diligence and your demographics. Most survey takers report incomes of $200 to $600 a month. Many report $1,000 a month or more. If you want to make extra money, you should seriously consider finding some good legitimate paid surveys that will pay you cash for surveys.

Hundreds of millions of dollars are going to pay people to participate in paid online surveys. Part of that could be coming to you…

By Blake Bacon