US has regain its role as the engine of the world economy after the period of 15 years

After a period of 15 years, where China and other emerging economies have held the role of the engine of the world economy, the United States have taken back their place, Bloomberg reports. The decrease in unemployment boosted the retail spending, which will lead to an increase of at least 3.2%, its best performance since 2005 for the largest economy in the world, according to an analysis conducted by JPMorgan Chase, Deutsche Bank and BNP Paribas. Employers have created 252,000 jobs, which led to a decrease in the unemployment rate to 5.6%.

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