Employment. . .Inflation. . .Consumer Spending. Each month, financial markets react to these and other important figures. The data, tables, charts, and graphs in this authoritative book explain how each indicator is determined, and how readers can effectively use this information. New sections include employment and labor figures, new GDP measures, and much more.
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R. Mark Rogers is the macroeconomic forecast coordinator for the Federal Reserve Bank of Atlanta. His work is published regularly in scholarly and trade journals. Rogers has taught economics and business forecasting at Clayton State College and Emory University. He is a member of the National Association for Business Economics and the International Association of Business Forecasting.
Updated Criteria for Understanding Key Economic News Releases--And Their Impact on Financial Markets! Each week, regularly-scheduled nonfinancial economic indicators--inflation, manufacturing starts, gross domestic product, and others--create sizable and predictable market moves when they are released by U.S. government agencies. Since its release in 1994, Handbook of Key Economic Indicators has become the trader's and investor's guidebook for interpreting these releases and correctly predicting their financial impact. Now the second edition of this best-selling classic discusses the many changes that have occurred since its first release, both in key economic data and how they can be interpreted and utilized. New discussions in the second edition include: further evaluation of changes in household employment data based on recent revisions; the switch in real GDP to a chained dollar basis from constant dollar; 1998 revisions to CPI data--and further changes that are right around the corner; the "Boskin Report" on the CPI; revisions to the composite indicators that were part of their hand-over to the Conference Board by the Department of Commerce; new sections for initial unemployment claims, productivity and unit labor costs, and employment cost indexes thoroughly updated and revised, Handbook of Key Economic Indicators, Second Edition, remains the standard reference for market analysts and investors who need not only knowledge and experience about the numbers behind these important reports, but also an intuitive understanding of how the markets will react.
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