Is the USA economy growing right now?

Question

does anyone have any proof why? 10 points to best answer! i promise!

Answer 1

Yup, its growing.

At a steady rate of 2.9% (2006).

This means that the GDP (gross domestic product) is growing 2.9% annually.

Why it is growing is a long answer. Look in my source that I have sited and ctrl F - Economy - overview
and read that overview.

Answer 2

I believe that US's economy is really progressing. It is just being opposed by the oil axis powers for the United States's eagerness to take over the control of the world petroleum industry.

The devaluation of the US dollar is not because of its falling economy because it grows 2.5% annually but rather, for the new tigers of the far east like China with 12.5%, India10.4%, Philippines7.5%, and Vietnam 7.4%. Actually, even the first world economies have higher growth rates than US like Japan with 3.8%, Canada with 3.5% and the European Union with 3%.

Answer 3

No.That's over for good.We might hear some false news in the next year.But the US economy is doomed.Everyone is pulling out of the dollar and going to Euros or Yens.A few years and a big crash is coming.

Answer 4

http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm
reports an annualized growth of 3.9% in the third quarter of 2007. We won't know what is happening "right now" until Feb 2008 when the next report comes out.