Lec_10_Three Leading Economic Indicators

Lec_10_Three Leading Economic Indicators - Sale Sales...

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EC 400 1 Implications of Model for Economic Indicators http://www.stlouisfed.org / From our last lecture, we know that the model’s main implication for economic indicators is that any measure of spending should be a leading economic indicator. From our last lecture, we know that the model’s main implication for economic indicators is that any measure of spending should be a leading economic indicator. 1. Measures of spending 2. Data that suggest how spending may change in the future
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EC 400 2 Series examined in this lecture are: Manufacturer’s New Orders: Durable Goods Series examined in this lecture are: Manufacturer’s New Orders: Durable Goods Real Retail and Food Services
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Unformatted text preview: Sale Sales Series examined in this lecture are: • Manufacturer’s New Orders: Durable Goods • Real Retail and Food Services Sale Sales • Index of Consumer Sentiment EC 400 3 EC 400 4 EC 400 5 EC 400 6 • One way to do this is to create a text box in your Microsoft Word Document. • One way to do this is to create a text box in your Microsoft Word Document. Hel o EC 400 7 • One way to do this is to create a text box in your Microsoft Word Document. EC 400 8 What does this graph tell us? What does this graph tell us? Series is clearly leading for business cycle peaks! Why? EC 400 9 EC 400 10 Real Retail Sales Consumer Confidence...
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This note was uploaded on 09/14/2009 for the course EC 400 taught by Professor Cover during the Spring '09 term at Alabama.

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Lec_10_Three Leading Economic Indicators - Sale Sales...

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