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ISE A Guide to Everyday Economic Statistics - Gary Clayton, Martin Gerhard Giesbrecht

ISE A Guide to Everyday Economic Statistics

Buch | Softcover
192 Seiten
2018 | 8th edition
McGraw-Hill Education (Verlag)
978-1-260-09294-3 (ISBN)
CHF 113,45 inkl. MwSt
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The 8th edition Guide to Everyday Economic Statistics is a handy resource for understanding common everyday economic statistics and their historical context. The authors examine how different series are constructed, how they can be interpreted, and how we may use them effectively. Students of all levels will find this guide easy to read and helpful in understanding how individual statistics relate to the economy as a whole.

Gary E. Clayton is Professor and former Chair of the Economics & Finance Department at Northern Kentucky University. His Ph.D. in economics is from the University of Utah and he is the only American with an Honorary Doctorate from the People’s Friendship University of Russia (PFUR) in Moscow. He has appeared on numerous radio and television programs and for two years was a regular guest commentator on economic statistics for NPR’s Marketplace. In addition to his other writings and newspaper commentary, he has published five textbooks in the middle school, high school and college markets, including the best-selling Understanding Economics with McGraw-Hill Education. Professor Clayton’s web portal, www.EconSources.com, was described as “among the most useful [sites] on the web” by the Federal Reserve Bank of Boston’s Ledger.Dr. Clayton has taught international business and economics to students in London, Austria, and Australia. He is interested in the economic advancement of developing nations and in 2006 helped organize a micro loan project in Uganda. He is a year 2000 Freedoms Foundation Leavey Award winner for Excellence in Private Enterprise Education, an Association of Real Estate License Law Officials (ARELLO) national Consumer Education Award winner, and the recipient of a national teaching award from the National Council on Economic Education. In 2005 Dr. Clayton was the recipient of Northern Kentucky University’s Frank Sinton Milburn Outstanding Professor Award. Martin Gerhard Giesbrecht is a Professor Emeritus of Economics at Northern Kentucky University.  He has taught and/or conducted research at Stanford University, the University of Chicago, Harvard University, Indiana University, National Chengchi University (Taiwan), Rutgers University, and Wilmington College.  His doctoral degree (cum laude) was earned at the University of Munich, Germany, which he attended on a Fulbright Grant. Making economics accessible, intellectually enlightening, and even entertaining is the mission of Martin Giesbrecht’s professional life.  All of his 12 books, including this one, and his many shorter articles, some of which have also appeared in German and Chinese, are dedicated to that end, as are hi s weekly radio commentaries on WNKU and WMKV.  Because he writes and speaks in a way that people can understand, the Society of Professional Journalism bestow ed the Award for Excellence on him in 1993.  He has also won awards from the German-American Chamber of Commerce, the National Aeronautics and Space Administration (NASA), the American Society for Engineering Edu cation, the National Science Foundation, the General Electric Foundation, the Ford Foundation, the U.S. Small Business 

CHAPTER 1: INTRODUCTION

How the Statistics in This Book Were Chosen 1


A Frame of Reference 2


The Many Faces of Economic Statistics 5


Abusing Economic Statistics 7


Using Economic Statistics 9


And Beware of Forecasts!       10


A Final Word         12

CHAPTER 2: TOTAL OUTPUT and INPUT


Gross Domestic Product         13


Recession vs. Depression       23


The NIPAs         27


Personal Income         30


CHAPTER 3: PRODUCTION and GROWTH


Purchasing Managers' Index         35


Index of Industrial Production       39


Capacity Utilization         43


Labor Productivity         46


Leading Economic Index                 50


CHAPTER 4: INVESTMENT and CAPITAL EXPENDITURES


Gross Private Domestic Investment       57


New Building Permits and Housing Starts         62


Business Inventories         66


Inventory/Sales Ratio         70


Durable Goods Orders         72


CHAPTER 5: EMPLOYMENT and UNEMPLOYMENT


Total Employment         75


New Jobs Created         78


Unemployment Rate         81


Help-Wanted Advertising         87


New Jobless Claims         90


CHAPTER 6: SPENDING, PROFITS, and EXPECTATIONS


Consumer Spending         93


Retail and E-Commerce Sales       96


Wholesale Sales         99


Consumer Expectations and Confidence         101
Employment Cost Index               104


Corporate Profits       106


Beige Book       108


CHAPTER 7: PRICES, MONEY, and INTEREST RATES


Consumer Price Index       113


Producer Price Index       120


Money Supply       123


Fed Funds Rate       126


Primary Credit Rate       129


Treasury Bill Rate       132

Erscheinungsdatum
Zusatzinfo 45 Illustrations
Verlagsort OH
Sprache englisch
Themenwelt Wirtschaft Betriebswirtschaft / Management
Wirtschaft Volkswirtschaftslehre
ISBN-10 1-260-09294-1 / 1260092941
ISBN-13 978-1-260-09294-3 / 9781260092943
Zustand Neuware
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