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Essay

Economic Indicator Forecast

Essay specific features

 

Issue:

Business

 

Written by:

Evelyn B

 

Date added:

October 1, 2012

 

Level:

University

 

Grade:

B

 

No of pages / words:

8 / 1993

 

Was viewed:

3598 times

 

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Essay content:

The direction of an indicator may vary according to changes in the economy. The indicator can be leading, lagging, or coincident. Leading indicators are changes before the economy has recognized the changed. Lagging indicators do not change until a few quarters after the economy has change. Coincident indicators move at the same time as the economy (The Library of Congress, 2005)...
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Coincident indicators move at the same time as the economy (The Library of Congress, 2005). Some of the common indicators are GDP, Unemployment Rate, Inflation Rate, Capacity utilization, Auto sales, and Personal income. As the explanation of these six indicators will be use to forecast the future of the economy, the trend of these indicators will also be used to evaluate the economy's historical and future outcome...
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