The current world population is estimated to be 6.6 billion.
China has the highest population in the world with close to 1.3 billion people.
The second highest is India with close to 1.1 billon people.
China and India make up for over 36% of the world population or approximately 36 out of every 100 people on earth are from China and India.
The US population is close to 300 million. So for every American there are almost 8 Chinese and Indians
Top import partners of US are -#1 Canada and China, #2 Mexico, #3 Japan
Top import partners of US are -#1 Canada and China, #2 Mexico, #3 Japan
How many children are in the US?
Every 2 out of 10 people living in the US are children between the ages of 0 and 15 years.
There are approximately 300 million people in the US;approximately 60 million are children between the ages 0 and 15 years.
How many of the 60 million children are boys and girls?
Approximately half and half are boys and girls.
The world GDP is close to $50 Trillion.
The US GDP is $13 Trillion.The US is the largest economy in the world and contributes over 25% to the world economy.
US population is 301 milion.Roughly half or 153 million people are capable to work.
Approximately 60 million are children between the ages 0 and 15 years in the U.S.
US exports close to $1 trillion a year. US imports close to $2 trillion a year. That would create a trade imbalace of $1 trillion a year!
Top four export partners are Canada, Mexico, Japan, China.
Top four import partners are Canada, China, Mexico, and Japan.
Over 57 million kids to attend US K-12 grades.
Over 20 million will attend US colleges and universities.
Slowing place of economic recovery keeps markets down
There are growing concerns among investors that the world economic pace of recovery is slowing down. The U.S. economy which is the largest world economy is also showing the sign of slow down. The report released by the U.S. government this week revised down the second quarter Gross Domestic Product (GDP) from 2.4% to 1.6%. The GDP is the key measure of economic growth, such as, Goods and Services produced by the nation. The week job and housing reports also added to the fear that the U.S. economy may be heading for more weakness in the coming months.
The DOW closed down 65 points, or 0.6%, the S&P500 was down 9 points, or 0.8%, and NASDAQ down 35 points, or 1.6%, for the week ending August 27th.Oil closed up $1.65 at $75.57 per barrel this week.
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What is Credit History? Why is it important to have a good credit history? Volume 12.
What is Economy, Business, Workers, Goods, Services, Stock, DOW, S&P500, and NASDAQ in Volume 16.
What is Currency and Foreign Currency Exchange rate? Volume 14. What is stronger or weaker currency? Volume 20. What does the dollar slide mean? Volume 32.
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