This is for my microeconomics class. I'm supposed to write about an economic statistic, explain what it is, and so on. I'm having trouble deciding on a particular economic statistic to research, so if anybody has any ideas, I'd appreciate it!
What are some examples of economic statistics?
How about the Consumer Confidence Index?
Reply:Average discretionary income.
Unemployment
Gross Domestic Product
Trade Deficit
Reply:GDP(Gross Domestic Product)
GNP(Gross National Product)
Unemployment Rate
Inflation Rate
......
You can find numerous economic statistics and reports on the website of The Federal Reserve Board:
http://www.federalreserve.gov/rnd.htm
Reply:If you are in micro, will you be able to pick topics like GDP, unemployment, etc. These are macro topics!
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