Text 3Positive surprises from government reports on retail sales, industrial production, and housing in the past few months are leading economists to revise their real gross domestic product (GDP) forecasts upward supporting the notion that the recession ended in December or January.
Bear in mind: This recovery won’t have the vitality normally associated with an upturn. Economists now expect real GDP growth of about 1.5 in the first quarter. That’s better than the 0.4 the consensus projected in December, but much of the additional growth will come from a slower pace of inventory drawdowns, not from surging demand.
Moreover, the economy won’t grow fast enough to help the labor markets much. The only good news there is that jobless claims have fallen back from their spike after September 11 and that their current level suggests the pace of layoffs is easing.
The recovery also does not mean the Federal Reserve will raise interest rates soon. The January price indexes show that inflation remains tame. Consequently, the Fed can take its time shifting monetary policy from extreme accommodation to relative neutrality.
Perhaps the best news from the latest economic reports was the January data on industrial production. Total output fell only 0.1, its best showing since July. Factory output was flat, also the best performance in six months. Those numbers may not sound encouraging, but manufacturers have been in recession since late 2000. The data suggest that the factory sector is finding a bottom from which to start its recovery.
Production of consumer goods, for instance, is almost back up to where it was a year ago. That’s because consumer demand for motor vehicles and other goods and the housing industry remained healthy during the recession, and they are still growing in early 2002.
Besides, both the monthly homebuilding starts number and the housing market index for the past two months are running above the averages for all of 2001, suggesting that home-building is off to a good start and probably won’t be big drag on GDP growth this year.
Equally important to the outlook is how the solid housing market will help demand for home-related goods and services. Traditionally, consumers buy the bulk of their furniture, electronics, and textiles within a year of purchasing their homes. Thus, spending on such items will do well this year, even as car sales slip now that incentives are less attractive. Look for the output of consumer goods to top year-ago level in coming months.
Even the business equipment sector seems to have bottomed out. Its output rose 0.4% in January, led by a 0.6% jump computer gear. A pickup in orders for capital goods in the fourth quarter suggests that production will keep increasing—although at a relaxed pace—in coming months.
第31题:American economists are surprised to see that______.
[A]they have to revise the GDP forecasts so often
[B]their government is announcing the end of a recession
[C]US economy is showing some signs of an upturn
[D]GDP growth reflects stronger domestic demand
这是一道涉及对第一、二段理解的事实细节题。第一段是一句话段落,其主干结构是positive surprises…lead economists to… supporting the notion that…。该段提到政府报告带来的意外惊喜使经济学家将对国民生产总值的预测上调,从而支持了经济衰退期已在12月或1月终止的观点。由一段中的“意外惊喜”和“经济学家上调国民生产总值预测的举措”可知让他们吃惊的是经济状况好转的迹象,即[C]项为正确答案。
第一、二段只提到经济学家对GDP预期的一次调整,无法推出他们频繁地修改。排除[A]项。由第一段可知,政府只报导了各个领域经济发展的好势头,而未宣布经济衰退期的终止。排除[B]项。第二段末句but转折后提到,但是(GDP)增长部分主要是因为存货提用的速度减缓,而不是需求的增长(surging demand),由此排除[D]项。
第1题:
第2题:
It can be inferred from the text that the retail price of petrol will go up dramatically if______.
A) price of crude rises
B) commodity prices rise
C) consumption rises
D) oil taxes rise
第3题:
The government manages to affect the level of aggregate demand through and( )monetary policy.
A.commerc ial
B.fiscal
C.sluggish
D.industrial
第4题:
第5题:
We believe that sales will increase soon; (), production costs will be going up also.
Aso
Bthus
Con the other hand
Dhowever
第6题:
There has been a great increase in retail sales , ()﹖
第7题:
在oracle数据库中,如何删除sales表中产品类型为toys的profits列的列值?()
第8题:
corporation profits
every individual even though his income is very low
those who work in joint ventures
those who work in government departments
第9题:
the money earned
the money not earned but received
the money received for the contribution you have made to the economy
the money earned for the service you have furnished to the economy
第10题:
Use Secedit.exe to import the security settings from the .inf file to the computers in the sales department.
Use a text editor to change the default security settings to the desired security settings. Then export those settings to the Computers in the sales department.
Create an organizational unit (OU) named Sales. Add the users in the sales department to the Sales OU. Then apply the security template to the users in the Sales OU.
Create an organizational unit (OU) named Sales. Add the computers in the sales department to the Sales OU. Then apply the security template to computers in the Sales OU.
第11题:
89 percent of the state income comes from the oil revenue.
State sales tax and personal income tax constitute only a fraction of the state revenue.
With a two-month shutdown, the government may well find it difficult to make ends meet.
The state income is heavily dependent upon the Prudhoe Bay.
第12题:
influential
effective
sensible
frequent
第13题:
Many reports have been received from our ()agents in Korea that there are very heavy demands () the devices.
A、sales,of
B、selling,on
C、selling,of
D、selling,for
第14题:
A.delete from sales;
B.delete profits from sales where product_type=’TOYS’;
C.delete from sales where product_type=’ToYS’;
D.update sales set profits=null where product_type=’TOYS’;
第15题:
It can be inferred from the text that the retail price of petrol will go up dramatically if
A price of crude rises.
B commodity prices rise.
C consumption rises.
D oil taxes rise.
第16题:
第17题:
We believe that sales will increase soon; (), production costs will be going up also.
第18题:
有名为 Sales 的表,现需要按客户姓名(CustomerName)和销售日期(SalesDate)排序返回销售数据。为每个客户提供最近期的销售必须首先列出。应使用的查询语句为()
第19题:
A developer calls and reports that he accidentally dropped an important lookup table from a production database. He needs the table to be recovered. What action would you take?()
第20题:
the difference between national income and GNP
the difference between national income and personal income
the concept of income
the difference between disposable income and nondisposable income
第21题:
price of crude rises
commodity prices rise
consumption rises
oil taxes rise
第22题:
Initiate an incomplete recovery operation using RMAN.
Copy the table from a development database.
Advise the user to rekey the data.
Perform a Flashback Drop operation.
Perform a Flashback Recovery operation.
第23题:
so
thus
on the other hand
however