Could you please help me to identify 10 important economic measures (e.g. CPI) or areas (e.g. inflation using two or three indications) that best describes the current state of the U.S. economy. There needs to be an analysis of each and focusing on its importance, what it says about the current state of the economy and the latest reading and trend.© BrainMass Inc. brainmass.com October 10, 2019, 2:22 am ad1c9bdddf
Following are the Key indicators of the money supply in the US Economy
Gross Domestic Product
Gross domestic product is the main index of the economy. It speaks about the current form of the economy. The GDP growth rate reflects the economic trend of the country. It's a quarterly report generated by Bureau of
Economic Analysis (BEA).
The gross domestic product of the country rose with a growth rate of 3.2% in the 4th quarter of 2010 as compared to 2.6% in the 3rd quarter of 2010.
Money supply speaks about the amount of money floating for spending in the economy. Federal Reserve (FED) releases the quarterly report on the M1 and M2 type of money supply.
The total money supply in the US economy grew at 22.3$ for M1 and 18.1% for M2.
Consumer confidence Index:
It is an index released by the Conference board. It is survey result of more than 5,000 households across the country to find out the financial health, spending power, and confidence of the average consumer. Consumer confidence index for US currently rose at 1%.
Consumer Price Index
Consumer Price Index (CPI) is a measured by pricing the items on a list representative of a typical urban household budget. CPI is important because it speaks about the rate of inflation for the country.
If we look at the data released by Bureau of Labor Statistics, on a seasonally adjusted basis, the CPI-U ...
This solution identifies 10 important economic measures (e.g. CPI) or areas (e.g. inflation using two or three indications) that best describes the current state of the U.S. economy.