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Hiring has been slow with employers investing in

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Unformatted text preview: ith employers investing in capital before reinvesting in labor. However, efforts are being made by the private and public sectors to sustain the recovery. Companies are doing what they know best—finding ways to market goods and services even during the most uncertain of times. Consumer-driven firms are successfully taking measures to lure customers back to the market through attractive pricing and payment programs, including the return of layaway. Despite the current debt debate in Washington, lawmakers continue to devise plans to spur growth with ideas ranging from incentives to tax cuts. The Fed also continues to reinvent—following two quantitative easing measures, it has now committed to keeping REAL GROSS DOMESTIC PRODUCT short-term interest rates low for two years and took 2003 - 2012 (In Millions of Chained 2005 Dollars) measures to lower long-term interest rates through an exercise dubbed “Operation Twist.” Looking to 2012, the rate of expansion will be most influenced by employment growth, the European sovereign debt crisis, and federal spending cuts. With this ba...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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