Question

How would you describe the macroeconomic situation in the U.S. at the end of
2019? (output, employment, unemployment, prices, etc)

Answer 1

Answer - The macroeconomic situation in the U.S at the end of 2019(output,employment,unemployment,prices)

1.Output-The total output figure of US in 2019 was $21427100 million which was higher then 2018 because in 2018 the absolute value of toatal output in US was rose by $846900.

2.Employmet-In 2019,around156.92 million people were employed in United States and as compare to 2018 there were increase in employment by arond 1.16 million.In 2018 it was around 155.76.

3.Unemployment-The unemployment rate in United States in 2019 was around 3.7% which was lower than as compare to year 2018.

4.Inflation Rate-In 2019 the inflation rate in United States was 2.28%.

5.Industrial Growth Rate-In 2019 the industrial growth rate in United states was 3.70%.

6.Median Household Income-It was around $63602 in 2019 in United States,etc.