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Commodities Briefing - Categorized | Market Moves, Research, Trading more

A closer lok at America’s commodity industry

Posted on 06 November 2012

According to the CIA World Fact Book, the United States operates the largest single-country economy in the world. Its gross domestic product for 2011 was estimated at $15.3 trillion, trailing the European Union, which is comprised of 27 different countries, by only $360 billion.
China remains in third place, as the developing economy continues to see rapid growth in recent years due to its build out of industrial capacity and its growing class of individual consumers. Growth in the U.S., however, remains subdued below 2%. The global economic slowdown has certainly hampered the nation’s growth, but there still remain a few economic bright spots, namely the advancement of domestic energy production………………………………………..Full Article: Source


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VRS - who has written 36171 posts on Opalesque Commodities Briefing.


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