Economic indicators are points of interest for financial analyst's point that can help companies define and project past and future economic trends, aid, and making sound business decisions, and forecasting growth expectations. This paper will elaborate on the gross domestic product (GDP), inflation rate, as well as the unemployment rate.
The economist are expecting unemployment to remain steady over the last six months with November 02 being at 6.21%, December 02 at 6.20%, March at 6.21%, and April 03 at 6.16% (Financial Forecast, 2002). At the end of the business day, 11/14/02, the unemployment rate is at 5.70%, which is up by 1/10th from the previous month. Economists are expecting layoffs to stabilize, however not expecting companies to go on a hiring spree. Rather than hiring additional help, business will work existing employees longer hours (Aursa, 2002).
The Bureau of Economic Analysis calculated the Gross Domestic Product (GDP) at 3.10% at the close of the business day......

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Title: Finance
Approximate Word Count: 418
Approximate Pages: 2 (250 words per double-spaced page)

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