Automobile Industry

Essay specific features

 

Issue:

Business

 

Written by:

Freida E

 

Date added:

March 25, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

31 / 8630

 

Was viewed:

7270 times

 

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Essay content:

the inflation rate is stable at 1.7%, unemployment is at its lowest level in over 20 years (4.7%), and the consumer confidence in the economy is still very high. The near future also looks rosy: producers' durable equipment spending is expected to rise by 10%, indicating that the economy is still anticipating an upward trend...
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In fact, industrial production is expected to rise at a rate of 4.2% for 1998. GDP growth is expected to lie between 2.5 and 2.8% for '98 only a moderate decline from 1997's over 3%. The same goes for the unemployment rate, which is projected to remain fairly stable at 4.7-4.8 %. As far as interest rates and inflation are concerned, 1998 looks very promising: A moderate increase in the CPI to roughly 1...
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