Question
Are we on the verge of another recession? Will the expansion continue? For how long? Is this a risky time to invest or not? Should
Are we on the verge of another recession? Will the expansion continue? For how long? Is this a risky time to invest or not? Should your employer seek to expand?
Or perhaps the country is back on track, but one thing is always certain, the immediate economic future is uncertain.
Explain on a proposition about the current state of the economy and what it portrays for the future of business in Ohio.
Recent articles - just a sampling. What's wrong with Ohio's economy, in 5 graphs Chrissie Thompson and Jessie Balmert, Cincinnati Enquirer, Published 9:43 a.m. ET May 16, 2017 https://www.usatoday.com/story/news/politics/2017/05/16/whats-wrong-ohio-economy/318038001/
US Economic Outlook: For 2017 and Beyond By Kimberly Amadeo Updated October 28, 2017 https://www.thebalance.com/us-economic-outlook-3305669
Economic Report of the President
https://www.gpo.gov/fdsys/browse/collection.action?collectionCode=ERP
The Economic Report of the President is an annual report written by the Chairman of the Council of Economic Advisers. It overviews the nation's economic progress using text and extensive data appendices. The Economic Report of the President is transmitted to Congress no later than ten days after the submission of the Budget of the United States Government. Supplementary reports can be issued to the Congress which contain additional and/or revised recommendations. Documents are available in ASCII text and Adobe Portable Document Format (PDF), with many of the tables also available for separate viewing and downloading as spreadsheets in Microsoft Excel (XLS).
Bureau of Labor Statistics Economy at a Glance http://stats.bls.gov/eag/eag.us.htm
Economic Data - FRED (Federal Reserve Bank of St. Louis) http://research.stlouisfed.org/fred2/
The following link (http://www.nber.org/cycles/ ) is the National Bureau of Economic Research's Business Cycle Dating Committee latest statement on the economy.
Telling your employer what is really happening. After all, you are the in-house economist, you must know.
Proposition: Mr./Ms. Economist, What is going on in the economy and how will this effect our business in our state of Ohio?
What should be done to correct the current situation if anything?
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