Millions of financial transactions, including buying and paying for consumer goods, make up the American economy
How is the US economy doing 2022?
The Federal Reserve will implement its rate-tightening strategy to combat inflation, which will cause the US economy to weaken in 2022 and 2023 but "narrowly avoid a recession," according to the International Monetary Fund.
Why American economy is so strong?
Natural resources in large quantities, a sophisticated infrastructure, and high productivity drive the economy of the country. Despite varying estimations from different sources, it has the second-highest overall estimated value of natural resources, valued at US$ 44.98 trillion in 2019.
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