describe the types of information economists use to forecast the business cycle

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c3athva

Economics

Question Description

describe the types of information economists use to forecast the business cycle and how they use this information to make predictions about the business cycle

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Explanation & Answer

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Leading Indicators

Hours of production workers in manufacturing

New claims for unemployment insurance

Value of new orders for consumer goods

S&P 500 Composite Stock Index

New orders for plant and equipment

Building permits for private houses

Fraction of companies reporting slower deliveries

Index of consumer confidence

Change in commodity prices

Money growth rate (M2)

Reference:

http://people.stern.nyu.edu/nroubini/bci/bciintroduction.htm


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znquninag (2757)
Cornell University

Anonymous
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