Compare and contrast at least two different, two-year forecasts from two separate sources, for the six different economic indicators listed below.© BrainMass Inc. brainmass.com October 25, 2018, 12:30 am ad1c9bdddf
The instructor has selected six economic indicators that are believed to be relevant to the auto industry and you are supposed to find these indicators from two different sources and compare their forecasts.
The indicators are:
1) Gross Domestic Product (GDP)
2008 is 14,280.7, 2007 is 14,031.2: Source http://www.bea.gov/newsreleases/national/gdp/2009/pdf/gdp408a.pdf
Bureau of Economic Analysis.
December 2008 $14,488.5, August 2009 $14,714. Financial Forecast Centerhttp://www.forecasts.org/gdp.htm
The Federal Reserve expects a contraction of between 0.5 and 1.3 percent this year.
The Federal Reserve felt that the economy grew by 1.3 percent.
The Chief US financial economist at HIS Global Insight predicted that GDP will fall by 2.0 percent in 2009http://news.yahoo.com/s/afp/20090219/pl_afp/financeeconomyusbank
2) Unemployment rate
The Federal Reserve felt that ...
economic indicators for auto industry are discussed in great detail in this solution.
Using real GDP, unemployment rate, consumer price index, foreign exchange rate/auto sales, and oil/gas prices, prepare a 1,000 word paper in which you define each of the indicators as related to the auto sales industry, and describe its current status. If possible, present a separate graph for each indicator illustrating the historic trend for each.
In the paper analyze the relationship among inflation, unemployment, and the business cycle on the auto industry. Then, assess the impact of inflation, unemployment, and the business cycle on the auto industry.View Full Posting Details