Is a weak US Dollar good or bad for the United States economy?

Answer 1

For the economy in general, it is largely irrelevant. The U.S. economy is relatively large compared to both its exports and its imports, so the importance of the exchange rate is at best secondary compared to monetary policy, fiscal policy and consumer expectations.

The weak dollar is good for exporting industries and those who compete with imports. The weak dollar is bad for import-dependent industries. The problem is, they are often the same industries. The U.S. automotive industry, for example, competes against imports, but it also imports plenty of materials and parts...

Answer 2

There are good and bad effects of a weak US dollar to its economy. However, the net effect is BAD.

Americans, try not making the US dollar your God.

American athiests, turn your eyes upon Jesus. You were the reason for the downfall of the GREAT NATION. Biblical prophecies are becoming true. Kneel down while there is still time.

Answer 3

It is good for the economy, it makes US exports cheaper and imports more expensive, promoting local manufacture over now more expensive imports. The down side is that oil imports are now more expensive and the price of gasoline goes up and everything transported increases in price too. But overall it is better for the economy.

Answer 4

Bad

Answer 5

At this time of year, very good. Throngs of shoppers from Europe are flying in to snatch up good deals. After the holidays, we'll see.

Answer 6

The worst does not yet hit.