5 factors for which growth in the US economy declined in the Q3

1. Weather

Harsh winter conditions make Americans restrict consumer spending, which accounts for nearly two-thirds of economic activity.

2. Mixed effects of cheaper oil

Oil prices lost almost half its value from June to January, which normally would give a boost to consumer spending in major oil-importing countries like the US. However, despite the sharp decline in gasoline prices in America at the end of 2014, consumer spending is not expected as economists Pick up.

3. West Coast Port dispute

Ports on the West karybrezhie and their delay has had a dramatic impact as dockworkers and their employers fought disputes about the conditions the new contracts between them, which prevented producers to receive their orders on time, which delayed production. Trade gap of US shrank to its lowest level for more than five years in February as exports fell by 1.6% from January.

4. A stronger dollar

American companies spend less on investment for the seventh consecutive month in March, which is the biggest drop since July 2013. This led to concerns that the strong dollar and lower energy prices will weigh on corporate profits. Business spending fell, which was negative US multinationals abroad.

5. The slow growth in other major economies

China, the second largest economy in the world announced measures to stimulate the economy this week after the country's economy grew by 7% in the first quarter, marking the slowest growth since the first quarter, according to economists, the Chinese economy is slowing at a faster pace. Other major economies also recorded satisfactory results in Europe, the crisis in Greece is basically the reduced investor confidence and Ukraine-Russian conflict and the fight against terrorism authorities