Economic Indicator Forecast
The six economic indicators of housing starts, mortgage rates, retail sales, interest rates, personal income and the foreign exchange rate. Will discuss each economic indicator and compare and contrast two different 18-month forecasts for each. The differences between the forecasts will be analyzed and the reasons why we believe one forecast over another.
Housing Starts
The home building industry has been doing very well. This is in part because of the availability of lower mortgage rates. In January and February of 2005 home sales were doing well, however th…
