A Look At The Chances Of Sustained Economic Prosperity

Investing in Massachusetts Workers to Create Jobs, Stimulate Economic Growth (Photo credit: Office of Governor Patrick)

The U.S. is awash with predictions of steady and sustained economic growth for 2012, and the first financial quarter has done little to dampen this enthusiasm. As the national employment rate in the U.S. dropped to just 8.2% in March of this year, the number of claims for first-time unemployment benefits also dipped to a four-year low. Given this, and the reported expansion in the nation’s manufacturing output, it is clear to see why there is renewed optimism among consumers and businesses nationwide. Could the path towards economic redemption really be this straightforward, or are there further challenges that may thwart sustained economic growth?

Signs of Economic Growth or a False Dawn?Despite such forward thinking optimism, the U.S. has found itself in a similar position at the turn of both 2010 and 2011. Just last year, the economy was creating jobs at a rate of more than 200,000 per month ... Continue to read.

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