preview

Economic Indicators

Good Essays

Discuss in detail the three classes of economic indicators that measure the health of the U.S. economy. What is your prediction of the next 6 months? Life is full of ups and downs. Economic changes affect everyone’s life whether they realize it or not. Periods of economic prosperity or recession all have indicators if we know what to look for. “The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.” (Milton Friedman). We are going to briefly look at the lagging indicators, leading indicators, and coinciding indicators. By understanding the information provided by these three indicators, we can better prepare for the future. A lagging indicator is an economic indicator that tends to change only after our economy has …show more content…

"Employees Happiness Matters More Than You Think." Bloomberg Business Week. Bloomberg, n.d. Web. 09 Nov. 2015. http://www.businessweek.com/debateroom/archives/2012/02/employee_happiness_matters_more_than_you_think.html “Databases, Tables & Calculators by Subject.” Bureau of Labor Statistics Data. N.p., n.d. Web. Nov. 2015. http://data.bls.gov/timeseries/LNS14000000 Fried, Milton, and Friedman, Rose D. “Capitalism and Freedom. N.p.: n.p., n.d. 37-38. Print.
Green, Alison. "8 Signs That You're a Problem Employee." US News RSS. N.p., 09 Nov. 2015. Web. 09 Nov. 2015. http://money.usnews.com/money/blogs/outside-voices-careers/2015/11/09/8-signs-that-youre-a-problem-employee Gruber, James. "Why Stock Markets May Be Lagging Indicators." Forbes. Forbes Magazine, 22 Sept. 2013. Web. 15 Nov. 2015. http://www.forbes.com/sites/jamesgruber/2013/09/22/markets-as-lagging-indicators/ Vitez, Osmond. "What Are Considered Leading Economic Indicators?" Small Business. N.p., n.d. Web. 5 Nov. 2015.

Get Access