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Geithner that the U.S. economy is gradually improving

Release Date:2012-05-05  Hits:449
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February 9,

U World Pipe network informed.S. Treasury Secretary Timothy Geithner said the U.S. economy is gradually improved, business confidence is growing, has been re-started investment activities and the hiring of new employees.


Geithner is expected, given the current economic growth rate of the U.S. unemployment rate will gradually decline in the next few years. He said, should give full play to the economic potential of the manufacturing sector of the trucking industry and technology companies. According to a report released by the U.S. Department of Labor on the 4th January, the U.S. unemployment rate dropped to 9 percent, its lowest level since the past two years. But the report also shows that the new jobs in January, only 36,000, far lower than previous analysts' expectations.



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Geithner also said the Obama administration will soon publish a detailed follow-up economic plans, including stimulating economic growth and limit future government deficit. He said the U.S. government will take measures to improvement of the U World Pipe network informed.S. tax code. He also said that unless the implementation of a broader reform measures, the Government will not consider providing tax holidays for the profits of U.S. companies in overseas markets.


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