Interpreting Macroeconomic Conditions

Managerial Economics and Globalization ECO550 Interpreting Macroeconomic Conditions As stainment #4 declination 5, 2010 Abstract This assignment involves analyzing several indicators of the macroeconomic conditions in an economy, such as interest rates, income, and other indicators such as CPI, inventory levels, rent rates, consumer confidence, etc. This report volition analyze a some of these indicators explaining the expected short impact on firms in the caparison and healthc ar industries in terms of operating costs and intersection sales. There are a large number of variables or characteristics used to gauge the health of an economy, with four of them usually referred to as the key macroeconomic variables: aggregate output or income, the unemployment rate, the lump rate, and the interest rate. There are, however, numerous additional measures or variables that are collected and used to understand the behavior of an economy.

In the united States, for example, additional measures include: the index of leading economic indicators (which gives an humor where the economy is headed in the near future); retail sales (which insinuate the strength of consumer demand in the economy); manufacturing plant orders, especially for outstanding ticket items (which indicate the future growth in output, since the orders will have to be filled); lodging starts (robust increase in housing starts are usually taken as a sign of good growth in the future); the consumer confidence index (which indicates how apt(predicate) consumers are to make favorable decisions to buy both invariable and nondurable goods, services, and homes). Other variables tracked are more innocuous than the ones include in the preceding list, such as: aluminum production, trade name production, paper and paperboard production, industrial production, hourly earnings, weekly earnings, factory shipments, orders for durable goods, new factory orders, new-home sales, existing-home sales, business inventories, initial unfounded claims, help-wanted... If you want to get a full essay, order it on our website: Ordercustompaper.com

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