Finance

Economic indicators are hitchs of interest for financial analysts point that can help companies define and project past and future(a) economic trends, aid, and making sound business decisions, and forecasting growing expectations. This paper will elabo esteem on the gross home(prenominal) product (gross domestic product), inflation rate, as well as the unemployment rate. The economist are expecting unemployment to remain steady over the last half dozen months with November 02 being at 6.21%, December 02 at 6.20%, March at 6.21%, and April 03 at 6.16% (Financial Forecast, 2002). At the end of the business day, 11/14/02, the unemployment rate is at 5.70%, which is up by 1/tenth from the previous month. Economists are expecting layoffs to stabilize, however non expecting companies to go on a hiring spree. Rather than hiring additional help, business will dally existing employees longer hours (Aursa, 2002). The Bureau of Economic Analysis deliberate the Gross Domestic Product (gross domestic product) at 3.10% at the determination of the business day on November 14,2002 (Financial Forecasts, 2002). The economist analysiss figure for the remaining time in the fourth quarter that the GDP will drop between 1 and 2 percent (Reuters, 2002).

There were both(prenominal) signs in the third quarter GDP report that suggested business might be starting to modestly raise investment spending, something that economists say is vital to keep some economic momentum going (Routers, 2002). Economists at the Department of commerce will fluctuate between November 2002 to April 2003 and with a slight ontogenesis between 3.1% and 3.2%. Inflation represents an increase of prices of goods and services that are purchased by consumers. Inflation does, however, redistribute income from people who cannot or do not raise their prices to people who can and do raise their prices (Colander. 2001). At the close of the business day of November 14,2002, economists calculated the inflation rate is at 1.45%. (Financial Forecasts, 2002). Economists are predicting inflation to... If you want to get a full essay, order it on our website: Ordercustompaper.com

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