Did you know our country’s economy went down on a critical decline lately? Many consider the March 2015 debacle worse compared to the time when the U.S. experienced the worst financial crisis in recent years, which occurred in December 2008. However, there is no need to panic, economic experts said.
According to the monthly tracker on the gross domestic product (GDP) by Macroeconomic Advisers, a private forecasting agency, the U.S. GDP went down an inflation-adjusted 1 percent in March 2015.They are calling it the largest drop since the country’s 2008 economic crisis—the time when U.S. was in the “throes of recession.”
The firm added that the U.S. monthly GDP went down by 0.4 percent in December, saw a growth of 0.1 percent in January, and surged by 0.3 percent in February before the March contraction.
But experts were adamant—there is no need to panic. According to these specialists, the key reason for these economic movements was the labor dispute seen at West Coast ports. The shrinkage in monthly GDP was due to the decline in net exports, which, in turn, was a result of the labor dispute.
“Because the decline in monthly GDP was driven by a surge in imports that was probably unrelated to current production, we are suspicious of it and believe it overstates the underlying weakness in the economy,” a representative from Macroeconomic Advisers relayed this note to their clients.
Preparing for the Uncertainties in the Future
At an age when many food items are available in 24-hour-open groceries and supermarkets, food storage may seem like a far-fetched idea. But because of the recent economic forces that lead to a drop-off, it is highly likely that prices of prime commodities such as food would rise. And with the impending certainty as to the future of the U.S. economy, there is no harm in making all the necessary preparations; one of these is food storage.
Would you risk the welfare of your family? Do not be the last person to make all the necessary provisions. Do not be the person who holds up the “Help Us” sign while the rest of your community are all bunked up and fully prepared. With My Food Storage, you and your family can set up for the uncertain future.
Food storage is an easy thing to do. In fact, it is a fun and enjoyable activity that you and your family can engage in over a long period. Every time you go shopping, you can simply start by setting aside extra items and put them away for the “rainy days.” The trick is to pick items that you can store over longer periods and would come very useful during troubled times. Just be mindful of the expiry dates of which item.
Are you considering on making early preparations and looking for it to go a long way? My Food Storage offers excellent products that allow you to store food items on a long-term basis. Whether you need new supplies of your emergency provisions or just storing for the upcoming trip over the weekend, My Food Storage has something in store for you.
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