Economic Forecasting Paper
Develop a list of resources you might use to gather historical economic data as well as economic forecast data.
Explain how and why each source is valuable and useful.
Identify any quantitative or qualitative forecasting factors contained in the sources.
Write 750 - 2000 word paper that details your team's findings.
List of Sources
Bureau of Labor Statistics
The Bureau of Labor Statistics (BLS) is a valuable resource for historical economic data because the Bureau produces the data at various levels, including national, regional, state, and metropolitan areas. There are seven programs that produce the data that comprises the national data, four programs at the regional level, three programs at the state level, and three programs at the metropolitan level. The data that the Bureau of Labor Statistics produces is typically refreshed 7-9 times per month, and can be retrieved from the “Economy at a Glance” page on the website.