US recovers recession
According the CNNMoney.com, the US government announced Friday that their economy is continuing to improve in the second quarter. Although the economists are expecting it to increase for the next few months, lately the increase has started slow down.
The commerce department said that the US domestic product gross rise at about 2.4% of the annual rate during the first 3 months that ended yesterday, June 30, 2010.
The chair of the White House Council of Economic Advisers, Christina Romer, said that the growth of the US economy surely indicates that the recovery from the economic crisis still continues and hopefully will continue.
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