The White House confirmed that the U.S. economic recovery is still fragile. Said Jay Carney, White House spokesman said that the fragility of the recovery requires greater efforts to create jobs.
And the acceleration of U.S. economic growth is clearly in the last quarter of 2011, according to preliminary official estimates of gross domestic product in the fall of the first published Friday in Washington, but is not expected to last long. Compared with the third quarter of 2011, the U.S. gross domestic product rose by 2.8% according to the annual pace between October and December, according to the Ministry of Commerce. This shows a clear improvement compared to the third chapter, where growth was 1.8%, according to official data, but a number lower than the rate of the ministry of analysts who had expected an increase of 3.2% in GDP in the fourth quarter. Not compensated for the accelerated rise in gross domestic product in the last six months the entire decline recorded in the first half of 2011. For the full year of not only the official growth rate of 1.7% while the rate of 3% in 2010.
Fluctuations in stock
The Commerce Department said in a statement that the improved growth in the fall “is essentially a reflection of growth in the volatility of stock in addition to the acceleration of consumption expenditures and investment in housing, which absorbed part, slowing investment institutions and the acceleration of imports and a reduction in public spending. The Ministry figures show that the re-storage companies provided more two thirds of the growth between October and December. In the view of many analysts that rising stock will decline in the first quarter of 2012 given the slowing global economy and because of that rise is due in large part from the need to fill Goods companies that its reserves fell dramatically in the summer.
Consumption and sales
According to government figures, the high consumption of 2% compared to 1.7% in the third quarter was 1.45 points behind the growth in the country. She comes as sales of computers in the United States 0.18 points, a percentage of gross domestic product growth during the last quarter of last year. The auto industry of 0.3 percentage points after they had added 0.12 points percentage in the third quarter of the year.
Officials at the Federal Reserve in the U.S. earlier this week that they are concerned about the loss of the U.S. economy to the momentum after two years of release from the worst recession seen in 8 decades. At the same time improved U.S. labor market where unemployment rate fell last month to 8.5% versus 8.6% in the previous month.