You Are Given Information About the Following Leading Indicators

question 22

Essay

You are given 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 rise.
b. New building permits issued increases.
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:

Freedom From Want

A concept popularized by President Franklin D. Roosevelt as one of the Four Freedoms, referring to the right to an adequate standard of living and economic security.

Consumerism

The theory or policy that promotes an increasing consumption of goods as an economic policy or social system.

Standard Of Living

Refers to the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.

Great Depression

A severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States, marked by high unemployment and poverty.