Economic Indicator Forecast
Introduction
As mentioned on the last report on economic indicators, an economic indicator is a statistic about the economy. Economic indicators facilitate the analysis of economic performance and predictions of future performance (Wikipedia, 2007). There are various reports put out with varying degrees of opinions on what the forecast for the next 12 months will look like. There is no right or wrong since no one can foresee the future. One never knows what could happen that would affect the economy. For the moment, the following are the reports and predictions for the team’s six economic indicators pertaining to the housing industry: real GDP, unemployment, inflation rate, personal income, retail sales, and housing starts.
Real GDP
A Federal Reserve press release dated January 31, 2007 states, “the economy seems likely to expand at a moderate pace over coming quarters.” The Board understood this after current indicators have revealed......

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Title: Economic Indicator Forcast
Approximate Word Count: 2072
Approximate Pages: 9 (250 words per double-spaced page)

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