The Leading Economic Indicators and Business Cycles in the United States

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The Leading Economic Indicators and Business Cycles in the United States

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Author:

Type: Paperback

ISBN: 9783030994204

Date: 7th July, 2023

Publisher: Palgrave Macmillan

  1. Categories

  2. Economic Theory and Philosophy
  3. Macroeconomics
  4. Economic History

Description

In a time of unprecedented economic uncertainty, this book provides empirical guidance to the economy and what to expect in the near and distant future. Beginning with a historic look at major contributions to economic indicators and business cycles starting with Wesley Clair Mitchell (1913) to Burns and Mitchell (1946), to Moore (1961) and Zarnowitz (1992), this book explores time series forecasting and economic cycles, which are currently maintained and enhanced by The Conference Board. Given their highly statistically significant relationship with GDP and the unemployment rate, these relationships are particularly useful for practitioners to help predict business cycles.

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