Economic Indicators of the Housing and Manufacturing Sectors

Abstract This paper will examine and analyze the various scotch indicators such as GDP, unemployment, lodging starts, interest rates, consumer consumption etcetera and discuss the operation that these indicators have on the housing and manufacturing sector. Currently, the U.S. is in a financial crisis and the housing sector has taken a turn for the worse while the manufacturing industry has begun to recover. The improvement in the manufacturing sector is a major driving force in the creation of new employments opportunities; whereas the housing market will not pick up until more employment opportunities are created and the subscriber line market becomes more stable. Introduction Various frugal indicators contribute to the general health of a countrys saving and act as essential information as they help to understand the macroeconomic conditions of that economy and predict future market activity. The recent globose financial crisis has affected every sector of the U.S. economy create a downfall in the overall condition of the housing sector in particular and an manufacturing industry in particular. This paper will examine and analyze various indicators and discuss the effect that these indicators have on the economy such as GDP, unemployment, housing starts, interest rates consumer consumption etc.

Significance of Economic Indicators indoors the Housing Sector The housing market is an important part of the economy and statistics about home construction, sales and prices are used as indicators of economic performance. The following indicators are those more closely watched economic indicators that give clues to the current and future domestic economic return and inflation as it relates to the housing sector. ?Consumer Credit: Consumers use debt to barter for goods and services, stimulating economic growth. Conversely, a decrease suggests consumers are scale back debt and may postpone the purchase of goods and services, inhibiting economic growth. Currently,... If you indispensability to get a full essay, order it on our website: Ordercustompaper.com

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