Submitted by tran92 on October 26, 2007

• Category: Miscellaneous
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Jose

Macroeconomic Forecast Outline

Economic indicators summarize the health of the economy. Below are a couple of important indicators of the American economy. These indicators help us view not only the health of the current economy but our possible future.

Economic Indicators

• Unemployment rates
Unemployment rates vary widely from US to other countries because each nation has different phases of their business cycles. Unemployment rates in the US recently have been in the middle to low range compared with rates in other industrial nations. (McConnell-Brue, 2004). The US unemployment rate is 6.0% for 2003 and 5.6% in June 2004....

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