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According to the following economic indicators, I have to estimate the outlook of this fictitious economy. Although I know what these indicators mean, I am not certain that I can predict the outlook of the economy. Can you help?
Average Weekly Unemployment Claims: 403,000 DecliningManufacturer's New Orders: 520,999 IncreasingNEA Private Housing Starts: 1,649 DecliningS & P 500 Stock Market Index: 879.5 DecliningConsumer Expectations Index: 94.5 Declining
Using the two economic indicators selected for your Housing Industry Overview Paper assignment, Compare and contrast at least two different eighteen month forecasts for each of the 2-economic indicators.
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