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| Foreign
and Domestic Economy Indicators |
| This
can be further broken down to market sector, industry and trends products... |
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Table of Contents
- GDP
- Unemployment
Rate
- CPI
- CCI
- Federal
Reserve
- Federal
Open Market Committee
- Central
Banks
- World Banks
- Housing
starts
- Consumer
Confidence
- Baby
boomer's trend
- Consolidation
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GDP - Gross domestic product representation of the total value of the
goods and services produced in the country. Bureau of Economic Analysis
produces the figures and release them quarterly. |
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| Unemployment Rate - This is the percentage of people in the work
force who aren't working and are looking for jobs. Labor conducts a
monthly sample survey of 60,000 representative households to measure the rate of
unemployment in the U.S. Conducted by the Bureau of Labor Statistics of the U.S.
Department of Labor on a monthly basis. |
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CPI - Consumer price index compiled by the bureau of labor statistics it
establishes a fixed basket of goods and services and monitors changes in the
prices of the items in the basket on a monthly basis. The CPI is the most widely
used measure of inflation. Other economist look at the prices of commodities
such as oil, aluminum, steel and human labor...(note the two different types one
for people and another for corporate America.) |
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CCI - Consumer confidence index reflects consumer attitudes on business
conditions, job availability, family income, and spending plans. It's
based on a representative survey of 5,000 U.S. households. Released
monthly by the Conference Board - a New York based research company. |
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Federal Reserve - (The Fed) is the central bank of the U.S.) - One goal
is to maintain steady economic growth and low inflation by moving interest rates
up or down. ex. The fed may lower rate when the economy drags, or show signs of
a recession. Theoretically, low rate encourage borrowing and spending
which stimulates the economy. Bundesbank - Germany's central bank. |
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Federal Open Market Committee - The policy making arm of the Federal
Reserve Board, this committee sets monetary policy geared to achieving the
larger objectives of the Fed as regulator of the money supply and credit.
The FOMC's chief tool is the purchase and sale of government securities to
increase or decrease the money supply, respectively. It also set key
interest rates, such as the discount rate and the federal funds rate. The
FOMC, which meets monthly, is made up of Federal Reserve governors and the
presidents of several Federal Reserve Banks. |
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Central Banks - Every country has a type of central bank which tends to
stimulate there economy during difficult times. What they do can may or may not
have an effect on their economy and neighboring economies.
RETURN^ |
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World Bank - An organization created to make loans primarily in
developing countries, with the stipulation that the country's government must
guarantee the loan. The full name is International Bank for Reconstruction
and Development. |
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Housing starts - An estimate of the number of houses on which
construction began in a certain period, such as a month or a year. It is
one of the leading gauges of the health and direction of the U.S. economy.
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Consumer Confidence - This closely watched statistic, generated by the
Conference Board, a private research organization, measures consumers' feelings
about the economy. It is based on their responses to questions about
current and future business conditions, employment opportunities and family
income. |
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Baby boomers, and new trends with in the
boomers.- The boomers are now
with in the age of ~35-55 they go through different stages of needs and have
specific spending habits at these stages of life. |
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| Consolidation - Some example as the Brokerage and Banking industry are
beginning to fight for the same market share this is happening because of the
collapse of the Glass Steagale Act. However, at a very slow pace.
Other industries which should somewhat consolidate are the computer hardware or
box makers and telecommunications industry.
RETURN^ |
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