Leading Economic Indicators

An economic indicator is defined by Investopidea.com (n.d.) as “A piece of economic data, usually of macroeconomic scale, that is used by investors to interpret current or future investment possibilities and judge the overall health of an economy”. Below are six economic indicators that affect Apple Inc. and its business decisions and strategies.

provided information on where the economy stands today as well as how Americans view the

From the economic review for January 2012 has a graph that shows the output of the three major economic sectors: manufacturing, construction and services. The graph shows the recession in 2008 to 2011 and how it recovers.

Alternatively, USA demonstrates strong growth in manufacturing with consistently high PMIs despite the decreasing rates of growth and hence expansion is expected in the coming period. By the increase of capital expenditure, earnings for private sectors are also expected to

The three major economic indicators—the real Gross Domestic Product (GDP), the unemployment rate, and the Consumer Price Index (CPI)—will be used in this analysis of the Canadian economy, along with several others.

As the newly appointed President of the local Chamber of Commerce, I will make a presentation of the trends, statistics and forecasts of the U.S Gross Domestic Product to give the business leaders an idea of what is the outlook of our economy. Based on the economic statistics from the Bureau of Economic Analysis (BEA) among other sources, I will provide a detailed up-to-date image of the United States economy.

• As previously stated in the executive summary, the United States’ economy is currently stagnating. From week to week we may see a rise in one indicator while there is a fall in another indicator, but none of the rises or falls are drastic enough to have an overwhelming impact on the economy as a whole. Although the economy is not near as strong as it was before the 2008-2009 recession, arguably one of the biggest economic crises of the past decade, there has been much growth and strength throughout the past few years with this year being the first year in which the economy is in somewhat of a holding pattern. I believe, that even with the little growth and movement of the United States economy over the past year, it is still perhaps one of the strongest economies in the world at the moment.

The type of economic indicator that can best be used for business forecasting is the:

As mentioned, the U.S. economy has seen a positive shift in the last few years. According to Janet Yellen (the Chairman of the Fed), "the private sector has created 7.8 million jobs since the post-crisis low for employment in 2010." Additionally, housing seems to have turned a corner in which construction, home prices are all up significantly, and as I mentioned earlier, housing was a large sector that was impacted during the Great Recession and the loss was staggering ("The U.S. Economy"). Another area that we are seeing tremendous growth is within the auto industry. The auto industry has made an incredible comeback with domestic production and sales back to near pre Great Recession levels. Our economy today is showing the unemployment levels down from a peak of ten percent, and has reached the point of full employment once again. According to Jared Bernstein of the New York Times, "Last month the national unemployment rate fell from 5.9 to 5.8 percent" thus showing that we are back to full employment according to what I have been taught in class, though I am finding some dispute over what numbers should be considered full employment. Nevertheless, our economy is showing a real growth in helping fellow Americans get back to work. In addition to unemployment decreasing we are also seeing a decrease in inflation. According

Ever since World War II the United States has experienced many recessions. There have been many terrible recessions that have hit this great country hard. What is a recession people may wonder? A recession is a significant decline in activity across the economy, lasting longer than a few months. It is visible in industrial production, employment, real income and wholesale-retail trade. The technical indicator of a recession is two consecutive quarters of negative economic growth as measured by a country 's gross domestic product (GDP). Although, the recession of 2001 wasn’t a dramatic and horrible recession, it was the end of the longest expansion our country had seen since WWII. The expansion following the recession of 1991 was 10 years up until this recession of 2001. Furthermore, this recession was difficult and was hard to deal with and overcome, because during the time of this recession our country experienced 9/11.

Economic indicators refer to economic series statistical figures used to make future prediction economic activity in the organization or country. The economic indicators are useful in each organization since they measure specific economic parameters in the market and can be used to forecast the future market trends (Baumohl, 2016). For instance, the company like Disney uses these economic indicators to curb and minimizes the difficult economic situation that may arise. There are so many different types of the economic indicators used. In this case, the Disney Company will use the following economic indicators: consumer price index; productivity and cost; employment cost index; producer price index; consumer confidence

Higher labor costs and allocation of factory space are excellent indications that manufacturing output has indeed gone up within the United States. However, I would not consider it a “revolution” by any means because most of the data suggests this is only a gradual upward trend and hasn’t changed any aspects of business. Although, if this upward trend continues, we can expect more job openings, greater use of factory space, and more “made in the US” products floating up around the markets of the world. Luckily, accountants aren’t paid to forecast so my essay ends here.

There are a number of different sources available to find historic and forecast macroeconomic information. Macroeconomic data is compiled by different government agencies, and their websites are the trusted source for this data. One is the Bureau of Economic Analysis (BEA.gov), which compiles GDP and trade figures. Another is the Bureau of Labor Statistics (BLS.gov), which compiles unemployment and inflation statistics. The St. Louis Fed is another site that has a wealth of historic economic data, along with some ability to process that data. The agencies are primary sources, and therefore the best sources for that data. Other countries, the IMF and World Bank perform the same function for international indicators. Exchange rate data can come from a reliable secondary source like OANDA.com. The Federal Reserve sites are reliable for the presentation of economic data, some of which will be primary-source and some of which will be secondary-source.

Job growth further slowing. After all, since employment is a lagging indicator, it can take a few quarters to respond to changes in economic activity.

The changes in the unemployment and output statistics of the United States since October 2014 have been unusual. These numbers can suggest two things: the numbers are fluctuating so much that they might not be meaningful enough to think of our economy as going into a recession or our economy can be in a little recession. To understand this more in-depth two articles describe the numbers of unemployment and output statistics that illustrates that the US economy can be seen as going into a tiny recession.