Chapter 1

Introduction to Economic Indicators

Value of Economic Indicators to Executives and Managers

Nearly every business day, anyone reading the business section of a newspaper or watching business coverage on a broadcast will hear reports of economic indicators announced that day and commentary from pundits as to what these indicators mean. For many of us, these reports may be just part of the information overload we encounter in the media. However, these reports generate great interest for others, whether they are market traders trying to anticipate the effect of these reports on equity and bond markets or economists who use the data from these reports to analyze the state of the economy.

While executives and managers may not need to respond ...

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