ECONOMIC INDICATOR PROJECTIONS

Economic Indicator Projections

Economic Indicator Projections

Introduction

Every country is known by its economic indicators. A country's economy is reflected by the economic indicator which shows how the economy is performing. The countries' economic indicators show how the country is performing in terms of GDP, Inflation and other indicators, such as Trade (exports), CPI etc. Macroeconomics examines the economic problems from the perspective added. Microeconomics focuses on how families and businesses relate to each other through the market rates. The economic indicators show that the country is doing well and the economic situation of a country (Evans, Et. Al, 1998). The country's economic indicators are very important for analysis purposes and help the country in comparing its performance with other countries of the world.

Discussion

The economic indicators that are projected and explained in this paper are:

GDP

Unemployment

CPI

Personal Savings Rate

Net Exports

Fed Fund Rate

Productivity

Customer Confidence

Federal Deficit

Indicators

2010

2011

2012

GDP

-3.5

3

2.142857

Unemployment

9.3

9.6

10.63226

CPI

-0.4

1.6

-2.4

Personal Savings Rate

4.3

3.4

4.190698

Net Exports

-391.5

-516.9

-515.58

Fed Fund Rate

0.16

0.18

1.305

Productivity

-2.3

4.1

2.317391

Customer Confidence

53.4

48.6

49.51011

Federal Deficit

11.896

13.551

14.69012

GDP is the monetary value of services and goods that are produced and consumed in the economy. It is the most important economic indicator for an economy. The country's GDP projected in 2012 is less than the current year which means that the inflation in the country will be high due to which the prices of the goods and services will increase and the purchasing power of the people will reduce.

Unemployment, unemployment or forced unemployment of employees who can and want to work but cannot find a place of work. In societies where the majority of the population lives working for others, not to find a job is a serious problem. The proportion of workers unemployed also shows if they are properly leveraging resources of the country and serves human as an index of economic activity. The unemployment rate has gone up which shows that the economy of the country is not doing well and is declining (Estrella, Et. Al, 1991).

The consumer price index (CPI) is the most important statistic issued of the economic indicator. It has a significant impact when determining the economic and monetary policies of each country, and is followed closely by business and families as contractual obligations, interest rates and wages are adjusted according to the changes in the CPI. The CPI has been projected in negative for 2012 which shows that the economy of the country is not doing well.

Personal savings rate is the percentage of Income staff available that goes into savings. If the rate of saving ...