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John B. Guerard

The Leading Economic Indicators and Business Cycles in the United States: 100 Years of Empirical Evidence and the Opportunities for the Future

The Leading Economic Indicators and Business Cycles in the United States: 100 Years of Empirical Evidence and the Opportunities for the Future

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  • More about The Leading Economic Indicators and Business Cycles in the United States: 100 Years of Empirical Evidence and the Opportunities for the Future

This book provides empirical guidance to the economy and explores time series forecasting and economic cycles, which are useful for predicting business cycles.

Format: Hardback
Length: 650 pages
Publication date: 07 July 2022
Publisher: Springer Nature Switzerland AG

In the face of unprecedented economic uncertainty, this comprehensive book offers invaluable guidance to both economists and policymakers alike. It begins by tracing the historical development of key economic indicators and business cycles, spanning from the pioneering work of Wesley Clair Mitchell (1913) to the influential contributions of Burns and Mitchell (1946), Moore (1961), and Zarnowitz (1992). Through an in-depth exploration of time series forecasting and economic cycles, maintained and enhanced by The Conference Board, this book sheds light on the intricate relationships between these variables and their profound impact on the global economy. Notably, the strong statistical significance of these relationships with GDP and unemployment rates makes them particularly valuable tools for practitioners seeking to predict business cycles with precision. By delving into the historical patterns, current methodologies, and future prospects, this book equips readers with the knowledge and insights necessary to navigate the complex terrain of economic uncertainty and make informed decisions for a brighter future.

Weight: 1158g
Dimension: 242 x 164 x 43 (mm)
ISBN-13: 9783030994174
Edition number: 1st ed. 2022

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