Problem:
Based on the following economic indicators, I have to determine the outlook of this fictitious economy. Although I know what these indicators mean, I am not certain that I can predict the outlook of the economy. Can you help?
Average Weekly Unemployment Claims: 403,000 Declining
Manufacturer's New Orders: 520,999 Increasing
NEA Private Housing Starts: 1,649 Declining
S & P 500 Stock Market Index: 879.5 Declining
Consumer Expectations Index: 94.5 Declining