Details:Research the current value of the following economic indicators:
- GDP
- CPI
- Nonfarm payroll employment
- Industrial production/capacity utilization
- Advance report on durable goods shipments, new orders, and unfilled orders
- Housing starts
- Retail sales
- S&P 500 Stock Index
Based on your research, write a paper of 1750 words that addresses the following:
- Analyze the current macroeconomic situation.
- Discuss expectations of changes in economic, financial, and international conditions in the near future.
- Identify any economic issues of special concern.
- Recommend whether the FOMC should raise, lower, or keep short-term interest rates the same.
The economic data required for this assignment can be found on the Federal Reserve Bank of New York website (https://www.newyorkfed.org/index.html).
Prepare this assignment according to the APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
Review: "Grading Checklist for Individual Paper on the FOMC."ECN.v11R.FOMC.docx
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Grading Checklistfor Individual Paper on the FOMC Due end of Module 7
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Research the current value of the following economic indicators:
GDP
CPI
Nonfarm payroll employment
Industrial production/capacity utilization
Advance report on durable goods shipments, new orders, and unfilled orders
Housing starts
Retail sales
S&P 500 Stock Index
Based on your research, write a paper of 500-750-words that addresses the following:
Analyze the current macroeconomic situation.
Discuss expectations of changes in economic, financial, and international conditions in the near future.
Identify any economic issues of special concern.
Recommend whether the FOMC should raise, lower, or keep short-term interest rates the same.
The economic data required for this assignment can be found on the Federal Reserve Bank of New York website (https://www.newyorkfed.org/index.html).
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Writing in APA format (Use the APA template in Doc Sharing): 1.0 pts
· Title page/cover sheet
· Introduction paragraph
· Body of paper paragraph(s), with in-text citations provided for sources used
· Spelling, grammar, sentence structure
· Double Spacing
· Conclusion paragraph
· List of References
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Correctly cited using APA Online References : 0.5 pts
· Consult the “No Wikipedia” announcement for hints on appropriate Internet sites to use as references.
· Go over carefully the APA reference materials on how to cite original sources in the text of your paper using parenthetical citations, and how to format the Reference page and an entire paper.
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