BY CLEBER DA SILVA
U.S. ANNUAL DATA (2000 - 2009)
REAL GDP GROWTH, INFLATION RATES, and UNEMPLOYMENT RATES
U.S. Bureau of Labor Statistics(Department of Labor).
U.S. Bureau of Economic Analysis (Department of Commerce).
Trends Since 2000
This has been a tumultuous decade for the United
States. During the first 10 years of the 21st Century,there was a major terrorist attack, a housing meltdown,
a severe economic recession, and a significant
downturn in the U.S. stock market. Unemployment
recently passed the 10 percent mark for thefirst time
Household net worth dropped by more than $10 trillion during the
recession— the largest loss of wealth since the federal government started
keeping records of wealthaccumulation 50 years ago. Trends in stock
market indicators, household wealth, consumer confidence, and labor force
participation are widely reported and used to measure the health of the U.S.
economy.Since the beginning of
the current recession,
mobility rates have
dropped, poverty has
patterns have shifted
toward greener, more
Since 2000, more than 26 million people have been added to the U.S.
population. During the past nine years, the population grew at a rate of just
under 1 percent per year,high compared with other developed countries but
the U.S. population has
low compared with the 1.3 percent annual growth during the 1990s, when
increased by more than
nearly 33 million peoplewere added to the population. U.S. population
26 million people.
growth has slowed slightly in the past few years, mostly because of a drop in
net international migration. At the beginning of thedecade, the Census
Bureau estimated net international
migration at about 1.2 million per
year. By 2009, that annual number
had been revised to less than
900,000. The drop also means that