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Identify (what you consider to be) the 10 most important economic areas (listed on dismal) that best describe the current state of the U.S. economy. Discuss each one of these measures, focusing on its importance, what it says about the current state, the latest reading and trend, etc. In your 10 areas, you can use one indicator per area or more (for example, if use inflation, you could use only CPI or you could use a combination of CPI, PPI, and PCE Deflator). This question is focused on the current state of the economy and asks for a reading and an analysis of the current state (by way of the indicators). You are using the indicators to tell the story of the current state of the economy. Please use specific numbers, their economic significance, trends, meaning, etc. (So, it is important to look at the measure in the context of the current economy and the trend--is it low or high? Has it been improving over the past 3-6 months? Is there marginal improvement over the past month or quarter?-and so forth). Note, that there is not just one right answer but many possible right answers and many indicators to choose from (GDP, Labor Market measures, ISM Measures, Consumer Confidence measures, Housing Measures, Trade measures, etc.).
This document contains various important questions and their appropriate answers in the subject field of Economics.
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