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Accounting Cycles
Essay specific features
Written by:
Alfonso I
Date added:
July 24, 2016
Level:
University
Grade:
B
No of pages / words:
8 / 1975
Was viewed:
2792 times
Rating of current essay:
Essay content:
Some of the major economic indicators that may affect the automotive industry are unemployment rate, inflation rate, gas and fuel prices, and producer price index. These economic indicators provide a summary of past trends and an overview of what consumers and business alike can expect ahead.
Unemployment
Unemployment rate is the percentage of workers in the United States that is unemployed...
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The calculation is derived by dividing the number of unemployed individuals by the total number of unemployed and employed individuals. The unemployment rate sharply increased to 5.8% in December of 2001 from 5.6% from the previous month (White, 2002). This came at the end of the year after nearly 2 million jobs lost their jobs...
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