预览加载中，请您耐心等待几秒...

经典英语阅读材料(经济类).docx

预览
1/8
2/8
3/8
4/8
5/8
6/8
7/8
8/8

在线预览结束，喜欢就下载吧，查找使用更方便

下载提示 文本预览

如果您无法下载资料，请参考说明：

1、部分资料下载需要金币，请确保您的账户上有足够的金币

2、已购买过的文档，再次下载不重复扣费

3、资料包下载后请先用软件解压，在使用对应软件打开

RecoveryShowsaSoftSpot TheU.S.economyshrankforthefirsttimeinmorethanthreeyearsinthefourthquarter,underscoringthehaltingnatureoftherecovery.Butthestrengthofconsumerspendingandbusinessinvestmentsuggestedthattheeconomywillgrow,albeitslowly,thisyear. Grossdomesticproduct—thebroadestmeasureofgoodsandserviceschurnedoutbytheeconomy—fellata0.1%annualrateinthefourthquarterof2012,accordingtothegovernment'sinitialestimateoutWednesday. Thedetailsweren'tasdiscouragingastheheadline.Thedrop,asurprise,wasdrivenbyasharpfallingovernmentspendingandbybusinessesputtingfewergoodsonwarehouseshelves,aswellasbyadeclineinexports.Themainstaysofthedomesticprivateeconomy—housing,consumerspendingandbusinessinvestmentinequipmentandsoftware—werestronger. ResearchfirmCapitalEconomicscalledthereport"thebest-lookingcontractioninU.S.GDPyou'lleversee."Forecastersdidn'tseethedeclineasaharbingerofrecession.TheypredictedtheU.S.willexpandatarounda2%paceinthecurrentquarter,thoughthemoodcouldshiftFridaywhenthegovernmentreleasesitsmonthlysnapshotofthejobmarket. EnlargeImage Close.Investorspusheddownstockpricesbutdidn'tseemoverlyworriedeither.TheDowJonesIndustrialAverage,whichhasbeenclimbingsteadilyinpastweeks,fell44points,tocloseat13910.42. Acknowledgingthefourth-quartereconomicstall,FederalReserveofficialsdecidedWednesdaytocontinuetheir$85billion-per-monthbond-buyingprogramsinanefforttopushdownlong-terminterestratesandstimulateeconomicgrowth. IntheirstatementafterWednesday'smeeting,Fedpolicymakerssaiditappearsthat"growthineconomicactivitypausedinrecentmonths,inlargepartbecauseofweather-relateddisruptionsandothertransitoryfactors."TheFedsaiditstillsawdownsideriskstotheeconomy,eventhoughitexpectedareturntomoderategrowthinthemonthsahead. TheU.S.joinedotheradvancedeconomiesinreportingcontractionsinthefinalmonthsoflastyear.TheU.K.,Germany,SpainandBelgiumhavesaidtheireconomiesshrankinthefourthquarter,andseveralmoreeuro-zonemembersincomingweeksareexpectedtoreporttheirowndeclines.Budgetcutsappeartobealeadin