Economic Indicators Principle Economic Indicators The million (or should we say billion now) gigantic horse question is whether or not the United States frugal system depart stay in its record 107 month expansion (according to the indicator of leading indicators) or come stunned of the boom and germinate a downturn into a recession. Nobody, including the electric chair of the Federal Reserve, Alan Greenspan has a crystal ball to provide incursion as to what leave behind happen if interest place are raised, lowered, or left wing alone. However, Economists have real a set of indicators to aid in predicting when a recession is about to occur and when the economy is in one.
Indicators should not be mistaken for predictors. They are simply prodigy tools, and like any(prenominal) forecast can be misleading. The power of leading indicators that is account in the popular press shows our economy is still in an expansion. For the purposes of our evaluation of the economy, we chose the Principle Economic Indicators introduce by ...If you wishing to get a full essay, entrap it on our website:
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