NEW YORK, NY, January 29, 2015 /24-7PressRelease/ -- The US economy grew at its fastest pace since 2003 in the third quarter of 2014, on stronger consumer and business spending. Gross domestic product expanded at a seasonally adjusted annual rate of 5% in the three months of Q3, ending September 30th, which was higher than the estimated 3.9%. Consumer spending shot up 3.2%, much faster than the 2.2% expected. Business investment rose 8.9%, including a healthy 11% rise in equipment spending. On top of this, government spending also increased more rapidly than estimated at 9.9%. As well as this, job growth averaged 241,000 a month in 2014 which was 47,000 more than in 2013.
About Wallace Morgan: http://www.wallacemorgan.com/#section-about
Wallace Morgan is an outsourced sales and marketing firm located in New York City. The firm offer their clients personalized campaigns and impeccable customer service on a 'no win-no fee' basis. This means that even in times of economic downturn clients can use their services with no financial risk to their business. The firm connects with consumers face-to-face so that they can demonstrate their clients' products and services as well as forge long-lasting relationships between brand and consumer. Wallace Morgan guarantees increased customer acquisition, brand awareness and brand loyalty for their clients' brands as well as a high ROI.
Due to the high demand for their direct marketing services, Wallace Morgan has been extremely successful even when the economy was not doing so well. The firm exceeded $2million in revenue in 2014 which was a huge achievement considering that in the first two quarters the US economy did not hit growth targets. Wallace Morgan has also experienced massive growth due to their guaranteed results, and their professional and consumer-friendly manner. This growth has allowed for a huge recruitment boost and even further expansion of their market reach.
With the recent news that the US economy is recovering and has seen the fastest growth in over a decade, Wallace Morgan is confident that this new optimism amongst businesses and consumers will make 2015 an excellent year for business. The firm believes that consumer confidence is crucial to economic growth and is pleased to see a rise in this and hope that this continues throughout 2015. Wallace Morgan is expecting to celebrate further growth throughout this year.
Wallace Morgan specializes in a unique form of direct marketing that generates quality sales and delivers a high ROI to their clients.
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