Qualified advisers answering your
Financial Questions
call 0800 092 1245

US economic indicators turn upwards

News that the speed at which the US economy has been shrinking began to slow in April saw Wall Street surged by over 2% in early trading. This is the latest positive indicator from the US economy which has been very volatile over the last few months to say the least. However, investors should be wary of taking one figure in isolation as evidence that the economy is recovering because last week we saw Bank of America issue a fairly downbeat statement on the sector and economy as a whole.

As you might expect, politicians and analysts have gone out of their way to highlight the indications that the economy may be entering a stabilisation phase although this is by no means set in stone as yet. US investors, and those around the world, have for some time been monitoring the US economy very closely as there is no doubt it is the key to a recovery in the worldwide economy. As trade eventually begins to recover in the US we will see exports and imports start to rise again round the world and the worldwide economy slowly but surely begin to kick into action.

The next few weeks are vital for stock markets around the world as the search for positive news and confident forecasts goes on.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details