Economic Report: Gross Domestic Product

Economics Report Outline I. General Macroeconomic indicators A. Gross Domestic Product (GDP) 1. Definition of GDP. 2. Change in GDP from quarter one to current quarter. B. Unemployment Rate 1. The change in unemployment rate from October to November. C. Inflation Rate 1. Explanation of Inflation Rate. 2. Current inflation rate along with graph. II. Monetary Policy A. Major announcements by the FED 1. Brief definition of monetary policy 2. The FEDs effects and general announcements. B. Interest Rates 1. Details on the …

…Tab/>Jon E. Hilsenrath, November 18, 2004, Inflation Perks Up as the Fed Weighs Pace of Rate Increases, The Wall Street Journal Online 14).<Tab/>Greg Ip, November 11, 2004, Fed Raises Short-Term Rate to 2%, The Wall Street Journal Online 15).<Tab/>Bureau of Labor Statistics, www.bls.gov 16).<Tab/>Bureau of Economic Analysis, www.bea.gov 17).<Tab/>Federal Reserve, www.federalreserve.gov