pick 2 or 3 of your favorite leading indicators (list attached as JPEG). 1. gather historical data on your index and show what the index has been doing lately.2. based on your evidence, indicate...

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pick 2 or 3 of your favorite leading indicators (list attached as JPEG).
1. gather historical data on your index and show what the index has been doing lately.2. based on your evidence, indicate whether you believe the data are sufficient to indicate that either economic conditions have changed *or* whether you believe economic conditions are about to change.3. Based on your data and findings, assess the likelihood of continued expansion or recession occurring in the next 8 - 12 months4. Indicate what type of policy response (fiscal policy or monetary policy) may be appropriate at this time
Answered 2 days AfterJun 04, 2022

Answer To: pick 2 or 3 of your favorite leading indicators (list attached as JPEG). 1. gather historical data...

Komalavalli answered on Jun 07 2022
86 Votes
1.
Following a small uptick in April, the Conference Board Consumer Confidence Index dipped significant
ly in May. The index is presently at 106.4 (1985 = 100), up from 108.6 in April (after an upward correction). The Current Situation Index declined to 149.6 from 152.9 the previous month, based on consumers' assessments of current business and labour market circumstances. The Expectations Index declined from 79.0 to 77.5, reflecting consumers' short-term forecast for income, company, and labour market circumstances.
Consumer confidence decreased slightly in May after increasing significantly in April. Only the present scenario index has decreased. This is because labour market circumstances are improving. Views on present business conditions, on the other hand, which tend to exceed employment numbers, have improved. Overall, the present situation index remains strong, indicating that growth will not decline more in the second quarter. However, with the expectations index continuing to fall, consumers do not anticipate the...
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