Macroeconomic Forecasting Essay

Description

The 3-page essay should outline and explore a forecast of the U.S. economy and should describe current conditions, fluctuations, and trends. Essay should include : *. How one or the other of the four components of GDP (consumption spending, investment spending, government spending, and next export spending) are trending and why. *A prediction of likely U.S. federal government and Federal Reserve policy actions. * An analysis of the likely outcomes of various trends identified with some special attention to U.S. government or Federal Reserve policy actions. *At a minimum, analytical tables or charts displaying real GDP, inflation rates, and unemployment should be displayed. Data can be found at www.bea.gov, www.bls.gov, www.census.gov, http://www.gpo.gov/fdsys/browse/collection.action?collectionCode=ERP, www.federalreserve.gov, and many other websites.