Monday, 9 January 2012

The U.S. economy is recovering

MARKET Malaysia's most important exports of developed countries, the United States (U.S.), is a sign that the economy is recovering and stable.
Economists said the most obvious signs that can stabilize the economic recovery process is a report that his new job data show the country's unemployment rate now at its lowest level for three years, when about 200,000 job seekers managed to secure employment.
This contrasts with the country's unemployment rate was a high level for three years now so there's economists expect the country will fall into a worse recession. Given these developments, it is thus raising a sign that the country's consumer spending is increasing. Office Malaysia External Trade Development Corporation (MATRADE) in the U.S., also monitor relevant developments, particularly unemployment, which remains high despite the recession technically ended in the summer visits in 2009. According to the U.S. Labor Bureau office, more than 200,000 workers were employed by the company in the country last December, thereby lowering the unemployment rate to 8.7 percent in November to 8.5 percent in December. The rate of increase employability in December 2011 shocked many. an economist at HSBC New York, said Kevin Logan, reports the Bureau of Energy The U.S. work shows many companies are pursuing the target of production in 2011 in that it requires a large workforce. Nevertheless, MATRADE's office in the U.S. takes the attitude of 'wait and see' on the current developments. Recent developments also indicate that more people The U.S. will move into new homes and increased demand for many steel products to the construction materials and electronic and electrical parts and components and other products, like cars, which will increase demand for automotive parts and components. Some trade show in The U.S., which is a measure of the respective industry, also showed signs of improvement in terms of bookings for the last quarter of 2011, thus giving a clear picture that the economy is recovering. Even so, the Malaysian government representatives in the U.S., Malaysia must strive to recognize that hard and positioned itself as a major supplier of diverse products which have traditionally been more sold, in the U.S. market. "We can not sit back but need to work hard to sell our products," said Malaysian Consulate General in New York, Syed Mohamed Bakri Syed Abdul Rahman said. However, the lack of confidence in the development, warned him not 'too will expect quick recovery in the U.S. labor market. Some claim the existence of the request because it seasonal, ie before and during the Christmas season, particularly in the retail sector, which New employees will immediately remove the festive season is over. They reminded that although the economy has created about 1.64 million workers, but it is still less than one-fifth of the jobs being removed during a recession before. The Bank of New York Federal Ben Bernanke is also a close friend, Bill Dudley said, the next step should be taken to help the U.S. economy because unemployment 'is still too high'. On the whole, it is still too early to say the increased current flow either as a strong beginning or the beginning a less than perfect.

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