As President Obama in the country's state of the union address on Tuesday night, he presided over the economy more healthy, more than four years ago he inherited. However, economic growth is still slow, high rate of unemployment.
In early 2009, the U.S. economy is in a full-fledged panic caused the collapse of the real estate bubble in. The company is cutting jobs. Surge of unemployment. In January 2009, car sales have reached their lowest level in 26 years.
"You don't need to hear another statistical data, you know, our economy is in crisis," Obama said in his first national in February 2009 state of the union address.
These Numbers are terrible.
Employers cut 794000 work from November 2008 to April 2009 in January 2009 and 4.5 million.
House prices fell 19% in by January 2009 12 months. Eventually, they in the end of 2011 before the end of touch down one third of the whole.
Perhaps the most obvious barometer of pain, and unemployment rises. In January 2009, the unemployment rate is 7.8%, slightly lower than the current 7.9%. But only two months later, in March 2009, it almost a point higher than 8.7%. Until October reach the top 10%.
Recovery is very slow. Consumers spend the mountains of debt in the 2000 s, and have been cautious attitude. Four years, the local government budget is tight, the extrusion, has cut the 560000 work. Until recently, anemia housing market discouraged, in the past economic recovery dynamic growth of housing construction.
Now, the company is recruiting moderate but stable. New employment per month in 181000 jobs, in 2011, 2012 and 175000. However, the unemployment rate is still far higher than 5% to 6% of the economists think is normal.
But, housing prices rebound finally, sales and housing starts have been restored. Americans buy a car.



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