Overview
This is an 8-page report and a presentation slide with speaker notes, based upon the outline provided of where the economy is headed and the prospects for the National Economy. Based upon your reading and research what is the state of the Economy, is it declining or improving trends, and what does the next 6 - 12 months look like in that industry or overall economy based upon your research.
The paper must be submitted in a Microsoft Word file in 12-point font, double-spaced, 8 written pages exclusive of title page, table of contents, reference page, and appendices containing charts, tables, and graphs. Not detected as AI writing. Use APA 7th format, including all the outside resources.
The slide should clearly present the paper, and the speaker notes for each page should be included to show what to present in the presentation.
Here are some suggestions of items that you could look at in writing your economic forecast. This is certainly not an exhaustive list but only intended to give you some general items. Charts and Graphs are to be included as appendices to the body of your paper. Your paper should have a cover page identifying the course name and name. You may also want to include a regional, national, and international perspective.
I. Domestic
A. Inflation 1. Consumer Price Index 2. Producer Price Index
B. Unemployment 1. Unemployment Rate 2. New Claims 3. Duration of Unemployment
C. Work Week 1. Average Hours
D. Interest Rate 1. Prime Rate
E. Consumer Debt
F. Stock Market 1. DJIA 2. AMEX
G. Orders for Durable Goods
H. Housing Market
I. Foreign Trade 1. Demand for Imports 2. Supply of Exports
J. Foreign Economies 1. Demand for US Goods 2. Supply of Goods
K. Consumer Confidence II. Resources
Here are some interesting links that may be helpful. Certainly not limited here.
II. Resources - Here are some interesting links that may be helpful. Certainly not limited here.
A. Bureau of Economic Analysis https://www.bea.gov/
B. White House Issues Economy https://www.whitehouse.gov/priorities/
C. Bureau of Labor Statistics https://www.bls.gov/
Watch the video https://www.cnbc.com/video/2024/05/24/nber-directo... to get an idea about what kind of data points you can include in your paper and their underlying relationships. While watching, think about the relationship between the inflation rate, the Fed's monetary policy, and the growth of real GDP.
Textbook: https://www.coursesidekick.com/economics/study-gui...