You Are Given the Information About the Following Leading Indicators

question 5

Essay

You are given the information about the following leading indicators. For each indicator explain whether the information suggests that a recession or expansion should be expected in the future.
a.Average initial weekly claims for unemployment insurance rises. b.New building permits issued increase.
c.The interest rate spread between the 10-year Treasury note and the 3-month
Treasury bill narrows.
d.The Index of Supplier Deliveries falls.

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Definitions:

Eligible Employees

Workers who meet certain criteria set by their employers or government regulations, qualifying them for specific benefits or rights.

Family and Medical Leave Act

A U.S. federal law that provides eligible employees with unpaid, job-protected leave for family and medical reasons.

Americans with Disabilities Act

A civil rights law that prohibits discrimination against individuals with disabilities in all areas of public life.

Fair Labor Standards Act

A U.S. law that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards for full-time and part-time workers.