Tracking America's Economy (Paperback, 4 ed)

1. Attributes of Economic Indicators; Business Cycles; Seasonality; Index Numbers; Data Accuracy; Calculating and Presenting Growth Rates Price-Adjusted Dollars; The Underground Economy; Distinctions Among "Goods," "Services," and "Structures" The Production of Economic Statistics; Data Integrity; Review Questions; Notes 2. Framework for Macroeconomic Analysis, Policies, and Forecasting; Analytic System; Fiscal, Monetary, and Incomes Policies; Humphrey-Hawkins Act; Unemployment and Inflation Goals: Fiscal and Monetary; Policies; Incomes Policies; Review Questions; Notes 3. Economic Growth; GDP Methodology; Analysis of Trends; Assessment of Economic Growth in the First Decade of the 21st Century An Action Plan; Review Questions; Notes 4. Household Income and Expenditure; Methodology; Analysis of Trends; Consumer Optimism and Pessimism Opinion Surveys; Review Questions; Notes 5. Business Profits, Nonresidential Investment, and Housing; GDP, Nonresidential Investment, and Business Profits; Housing; Review Questions; Notes 6. Government; Budget Aggregates and Components; Prospects for Government Surplus/Deficit Position in the Mid-2000s Taxes and Work Effort; Review Questions; Notes 7. The United States in the World Economy; International Transaction Methodology; Demand for Exports and Imports; Value of the U.S. Dollar; Globalization of Production; Goods, Services, and Income Balances; Investment Position of the U.S.; Sustainability of Deficits and Debtor Status in the Balance of Payments; Review Questions; Notes 8. Employment, Worker Income, and Employer Costs; Employment; Methodology of the Two Employment Surveys; Analysis of Employment Trends; Analysis of Employment Trends; Worker Income; Employer Costs; Review Questions; Notes 9. Unemployment; Unemployment Data; Methodology of Measuring Unemployment; Analysis of Trends; Unemployment Insurance Review Questions; Notes 10. Productivity; Methodology of Measuring Productivity; Analysis of Trends; Productivity and Price Change; Review Questions Notes; 11. Inflation and Deflation; Definitions; CPI Methodology; Analysis of Trends; Concern About Deflation: Common Stock and Housing Prices and the CPI; Inflation and Capacity Utilization; Review Questions; Notes 12. Finance; Implementing Monetary Policies; Interest Rates; The Stock Market; Appendix: Federal Reserve Organization and Independence; Review Questions; Notes 13. Leading Indicator System; Overview; The Process of Cyclical Change; The Primary Role of Profits; Limitation for Forecasting; Calculation of the Composite Indexes; Assessments of the Leading Indicator System; Probability of Future Recessions: Experimental Indexes; Review Questions; Notes 14. Noneconomic Intangibles; Review Question