Economic Indicators

Economic Indicators Principle Economic Indicators The million (or should we say billion now) long horse question is whether or not the United States economic system depart stay in its record 107 month expansion (according to the indicator of leading indicators) or come out of the boom and germinate a downturn into a recession. Nobody, including the Chairman of the Federal Reserve, Alan Greenspan has a crystal ball to provide insight as to what leave behind happen if interest rates are raised, lowered, or left wing alone. However, Economists have developed a set of indicators to aid in predicting when a recession is about to occur and when the economy is in one.

Indicators should not be mistaken for predictors. They are simply prodigy tools, and like any forecast can be misleading. The power of leading indicators that is reported in the popular press shows our economy is still in an expansion. For the purposes of our evaluation of the economy, we chose the Principle Economic Indicators introduce by ...If you want to get a full essay, entrap it on our website: Orderessay

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