Handbook of Key Economic Indicators

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9780070540453: Handbook of Key Economic Indicators

Employment...Inflation...Consumer Spending - each month, financial markets react to these and other important figures. The data, tables, charts, and graphs in this authoritative book explain how each indicator is determined, and how readers can effectively use this information. New sections include employment and labor figures, new GDP measures, and much more.

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From the Back Cover:

Updated Criteria for Understanding Key Economic News Releases And
Their Impact on Financial Markets! Each week, regularly-scheduled
nonfinancial economic indicators inflation, manufacturing starts,
gross domestic product, and others create sizable and predictable
market moves when they are released by U.S. government agencies. Since
its release in 1994, Handbook of Key Economic Indicators has become
the trader's and investor's guidebook for interpreting these releases
and correctly predicting their financial impact. Now the second
edition of this best-selling classic discusses the many changes that
have occurred since its first release, both in key economic data and
how they can be interpreted and utilized. New discussions in the
second edition include: further evaluation of changes in household
employment data based on recent revisions; the switch in real GDP to a
chained dollar basis from constant dollar; 1998 revisions to CPI
data and further changes that are right around the corner; the
"Boskin Report" on the CPI; revisions to the composite indicators that
were part of their hand-over to the Conference Board by the Department
of Commerce; new sections for initial unemployment claims,
productivity and unit labor costs, and employment cost indexes
thoroughly updated and revised, Handbook of Key Economic Indicators,
Second Edition, remains the standard reference for market analysts and
investors who need not only knowledge and experience about the numbers
behind these important reports, but also an intuitive understanding of
how the markets will react.

About the Author:

R. Mark Rogers is the macroeconomic forecast coordinator for the Federal Reserve Bank of Atlanta. His work is published regularly in scholarly and trade journals. Rogers has taught economics and business forecasting at Clayton State College and Emory University. He is a member of the National Association for Business Economics and the International Association of Business Forecasting.

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