U.S. Industrial Sectors Profitability free essay sample

The effect of various sectors profitability on the U.S. economy based on import and export statistics. This is an analysis of U.S. industrial sectors and their implications on the economy between 1999 and 2000. The writer examines U.S. import and export statistics of sectors such as food, feeds, and beverages, industrial supplies, capital goods, automotive, consumer goods, petroleum, services and others. At the beginning of the year 2001, the U.S. economy was predicted to have high prospects, with signs of recovery from its previous slow down. However, some economists were adamant there would be a slow recovery of the recession in the immediate future [Pine, 2001]. Art Pine was of the opinion that these economists were wrong as the U.S. economy was seeing ?a steady, albeit slow recovery, with the economy growing at about a 1 percent annual rate in the fourth quarter of this year and accelerating gradually toward a 3 percent pace by late 2002. We will write a custom essay sample on U.S. Industrial Sectors Profitability or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page ? This prediction could be an imprudent one as one look at the statistics for the rates of exports and imports for the years 1999-2000 [see table].