Using Economic Indicators to Improve Investment Analysis / Edition 3 available in Hardcover
"A virtual bible of how economic indicators are constructed andused. Important tidbits of history are mixed with present-daynuances to explain why we should care about all the economicindicators."'Allen Grommet, Senior Economist, Cambridge Consumer Credit Index
"This book is an indispensable resource for anyone that wants apractical understanding of the economy and how it is measured. Theinformation is clear, concise, and will help investors at alllevels leverage the vast amount of economic data available." Jesse Harriott, PhD, Vice President of Research, MonsterWorldwide, Inc.
This updated guide to economic indicators what they are andwhat they really mean covers all major economic indicators, fromGDP to the consumer price index. You'll not only learn what keyeconomic measurements are and how to read and interpret them,you'll discover how to use them to make better, more-informedfinancial, trading, and investing decisions.
About the Author
EVELINA M. TAINER is Chief Economist at Econoday, a California-based firm that specializes in providing economic information to corporate and individual investment clients. Previously chief economist at Carr Futures and president of Simply Economics, Tainer has taught economics and finance at the University of Illinois, Northwestern University, and other Chicago-area universities. She has written about economics and finance for numerous national magazines and newspapers.
Table of Contents
Preface ix Acknowledgments xiii
CHAPTER 1 Cycles, Markets, and Participants 1
CHAPTER 2 National Income and Product Accounts 23
CHAPTER 3 The Consumer Sector 53
CHAPTER 4 Investment Spending 87
CHAPTER 5 The Foreign Sector 115
CHAPTER 6 The Government Sector 129
CHAPTER 7 Inflation 135
CHAPTER 8 The Labor Market 175
CHAPTER 9 Other Measures of Production 201
CHAPTER 10 The Federal Reserve System 227
CHAPTER 11 The Treasury 261
CHAPTER 12 Making Strategic Investment Decisions 279
Appendix A Sources of Information 303
Appendix B Economic Indicator Releases by Statistical Agency 309
About the Author 329
What People are Saying About This
Evelina Tainer has created the ultimate guidebook for market watchers and investors. I never keep it more than an arm's-length away. I also encourage my students to read the book, as it provides an invaluable link between economic theory and its application to the real world.