"A virtual bible of how economic indicators are constructed and used. Important
tidbits of history are mixed with present-day nuances to explain why we should care about
all the economic indicators."
Allen Grommet, Senior Economist, Cambridge Consumer Credit Index
"This book is an indispensable resource for anyone that wants a practical
understanding of the economy and how it is measured. The information is clear, concise,
and will help investors at all levels leverage the vast amount of economic data
available."
Jesse Harriott, PhD, Vice President of Research, Monster Worldwide, Inc.
This updated guide to economic indicators what they are and what they really mean
covers all major economic indicators, from GDP to the consumer price index. Youll
not only learn what key economic measurements are and how to read and interpret them,
you'll discover how to use them to make better, more-informed financial, trading, and
investing decisions.
Table of Contents
Illustrations.
Preface.
Acknowledgments.
CHAPTER 1. Cycles, Markets, and Participants.
CHAPTER 2. National Income and Product Accounts.
CHAPTER 3. The Consumer Sector.
CHAPTER 4. Investment Spending.
CHAPTER 5. The Foreign Sector.
CHAPTER 6. The Government Sector.
CHAPTER 7. Inflation.
CHAPTER 8. The Labor Market.
CHAPTER 9. Other Measures of Production.
CHAPTER 10. The Federal Reserve System.
CHAPTER 11. The Treasury.
CHAPTER 12. Making Strategic Investment Decisions.
Appendix A. Sources of Information.
Appendix B. Economic Indicator Releases by Statistical Agency.
Notes.
Bibliography.
About the Author
EVELINA M. TAINER is Chief Economist at Econoday, a California-based firm
that specializes in providing economic information to corporate and individual investment
clients. Previously chief economist at Carr Futures and president of Simply Economics,
Tainer has taught economics and finance at the University of Illinois, Northwestern
University, and other Chicago-area universities. She has written about economics and
finance for numerous national magazines and newspapers.
Hardback
336 pages