News media, television, radio, print or social media provide 24-hour information about the economy. People aren't so sure about the almost hourly reports that the U.S. economy is improving. Many Americans are still unemployed and do not believe their income can continue to support their families. The cost of buying a home is increasing in many parts of the country, which is good for the market, but can be bad for a first-time buyer. Unemployment, expectations, consumer incomes, and interest rates are economic factors that influence individual behavior and U.S. fiscal policy. The following provides examples of the aforementioned factors and the current climate. Additionally, the summary attempts to identify and evaluate current U.S. fiscal policy, demand and supply, as well as perspectives from the Keynesian and classical models in order to better understand the current state of the economy American. There has been a steady decline in the unemployment rate. In November 2013, the United States reported an unemployment rate of 7%, up from 8.1% in 2012. We can help create jobs in the following sectors: transportation and warehousing, health care health and manufacturing (U.S. Department of Labor, 2013). The states with the fastest job growth were California, Florida, New Jersey, North Carolina, South Carolina and West Virginia during 2013 (US Department of Labor United States, 2013). The government will continue to keep unemployment rates low by creating jobs and maintaining lower tax rates to give the community the opportunity to continue spending. Expectations The global economy...... middle of paper...... 11). Failure to extend emergency unemployment benefits will hurt unemployed workers in every state. Retrieved from http://www.cbpp.org/cms/index.cfm?fa=view&id=4060 Suchecki, P. (January 2014). Dealing with volatile mortgage interest rates/locking in a fixed rate mortgage, paragraph 3. Retrieved from http://www.mybanktracker.com/news/2014/01/08/dealing-volatile-mortgage-interest-rates /The Business Directory. (2014). Retrieved from http://www.the businessdirectory.com/definition/interest-rate.htmlThe Free Dictionary. (2014). Retrieved from http://www.thefreedictionary.com/interest rateUnited States Department of Commerce. (2013). GDP and economy. Retrieved from http://www.bea.gov/scb/pdf/2013/12%20December/1213_gdp_and_the_economy.pdfU.S. Department of Labor. (2013). Economic press release. Retrieved from http://www.bls.gov/news.release/laus.nr0.htm