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Identify at least five key economic indicators for whirlpool, and justified the choice of each indicator with an explanation of why the indicator is a good choice (see the attachment).

What sources could be used to obtain these forecasts?

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The solution discusses key economic indicators for Whirlpool company.

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The first economic indicator is GDP. It is important for Whirlpool because it provides a comprehensive overview of the health of the economy. The sales of whirlpool strongly depends on the health of the overall economy. The source for this data is bureau of economic analysis.

The second economic indicator is personal income and spending, which depicts the income and spending of consumers. It is important data for whirlpool because increase or decrease in income ...

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Sandeep Bardia, MBA
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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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