Where is the Economy going?

Undertoad · 04-21-2004, 08:05 PM

The question really is, what are you trying to measure and why?

Typically economists use GDP to measure economic activity.

Some use things like unemployment, poverty rate, inflation, etc. to make statements about the nature of the economy.

The stock market represents what money managers think is going to happen to the stock market in the future. The Dow Jones is an index of stocks (30 industrial, for example) that some people feel is important. It includes such tw regular targets as GM, Boeing, Verizon, Honeywell, Disney, IBM.

Was that what you intended to measure and promote as an indicator of the health of the economy? The stock price of 30 major multinational corporations? You, tee dubya?

04-21-2004, 08:05 PM	#6
Undertoad Radical Centrist Join Date: Jan 2001 Location: Cottage of Prussia Posts: 31,423	The question really is, what are you trying to measure and why? Typically economists use GDP to measure economic activity. Some use things like unemployment, poverty rate, inflation, etc. to make statements about the nature of the economy. The stock market represents what money managers think is going to happen to the stock market in the future. The Dow Jones is an index of stocks (30 industrial, for example) that some people feel is important. It includes such tw regular targets as GM, Boeing, Verizon, Honeywell, Disney, IBM. Was that what you intended to measure and promote as an indicator of the health of the economy? The stock price of 30 major multinational corporations? You, tee dubya?

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