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    About United States

    The US economy is one of the world's largest economies, and its economic data is one of the focus of global attention. The following is a brief introduction to American economic data:


    GDP (GDP): It is the most commonly used indicator for measuring the total economic output of a country. According to the latest data released by the US Department of Commerce, the US GDP increased by 6.4%in the first quarter of 2022, slightly slowed from the previous quarter.


    Unemployment rate: It is an indicator of the performance of the labor market. In March 2022, the U.S. unemployment rate was 4.2%, which was lower than the level before the outbreak of the epidemic, but it was still higher than the historical average.


    Inflation rate: It is an indicator to measure the increase in price level. In March 2022, the inflation rate in the United States was 3.1%, which was higher than the Fed's 2%inflation target, causing market concerns.


    Retail sales: are the indicators to measure consumption expenditure. In February 2022, US retail sales decreased by 0.6%month -on -month, mainly because of the epidemic crew of clothing, food and beverages.


    Industrial Production Index: It is an indicator for measuring the output of the manufacturing industry. In March 2022, the US Industrial Production Index fell by 0.3%from the previous month, mainly because the issue of the supply chain of the automotive industry affected the performance of the entire manufacturing industry.


    In short, although the overall performance of US economic data is strong, there are still some challenges and uncertain factors, such as inflation, performance of the labor market, and supply chain issues. These factors may have an impact on the future performance of the US economy.

    Economic Calendar
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