Economic growth may slow as profits high short term highs

Many firms in the United States have posted record profit margins last quarter, but yet there is still great apprehension to hire new talent and expand. These firms fear a double dip recession and the possibility of the rising costs of raw materials. These two factors could distory profits and place the company the in the red, so many firms today are taking these profits and building up cash reserves to make sure they are in a postion great position no matter what occurs. By taking this stance it has greatly slowed job growth in the United States.