The Leading Economic Indicators and Business Cycles in the United States: 100 Years of Empirical Evidence and the Opportunities for the Future

The Leading Economic Indicators and Business Cycles in the United States: 100 Years of Empirical Evidence and the Opportunities for the Future

Author
John B. Guerard
Publisher
Palgrave Macmillan
Language
English
Year
2022
Page
665
ISBN
3030994171,9783030994174
File Type
pdf
File Size
10.6 MiB

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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