Economic Indicators: Variables of Change

Economic Indicators: Variables of Change This essay will show the brief level and status on six economic indicators that have been elect to be represented. The proposal will be augmented with a PowerPoint presentation illustrating graphical statistics reflecting the current trends and give the audience an root of what is going on in each indicator. Important to tonus is that our country has a system upon which the providence operates that encompasses many dissimilar variables that atomic number 18 not all necessarily well-known. These variables dictate how the economic system will run. These economical dynamics can include the rising prices rate, the status of unemployment, among other things that will be illustrated in this paper. The interest economic indicators will be addressed in this project: 1.Housing Starts 2.Personal Income 3.Federal Reserve 4.Real GDP 5.Unemployment regularize 6.Inflation Rate / CPI Housing Starts In a nutshell, house starts are the number of residential building construction projects started during a detail period, usually within a given month. This factor is a key economic indicator that provides a timely touchstone of construction activity and a natural forecast of future day activity.

The Bureau of Census reports on both starts and permits approximately the sixteenth of each month. Economists can predict the general state of the economy by monitoring this report. During periods following a drop in mortgage rates, there tend to be more permits issued and housing starts (McGraw-Hill, 2000). The National Association of Home Builders reports that builder confidence has plunged in time start out than it was in the first six months of 2007. The reason for this lower confidence is attributed to rising interest rates, the surplus of unsold homes, and problems in the subprime mortgage market. Housing starts have averaged 1.47 million on an annualized basis. The art Department reports that starts continued to weaken, reporting June as 19.4% below the aforementioned(prenominal) time... If you want to get a full essay, order it on our website: Orderessay

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