As an overall outlook of the current economic conditions of the world largest economy, we could say that modest improvement have been detected so far, having on one hand the consumer spending enhancing across the country for merchandise and vehicles along with an slender expansion of the manufacturing sector, while residential real estate conditions, home sales, along with the taken as a whole housing sector has recovered to some extent.

On the other hand the overall financial system has revived to a certain extent as well, having financial institutions generally reporting steadier loan demand, however the key sector; the labor market, remains weak and deteriorated despite signs of stabilization as employers continue on minimizing their work force to reduce overall costs and get along with the present persisting weak economical conjuncture.