Economic Forecasting

Team Challenger Weekly Reflection-Economic Forecasting Paper

ECO 372

University of Phoenix

Week 2 Reflection-Economic Forecasting

Viewing the economic standing of America may not be easy to comprehend, with all the economic terms and statistics. To assist with the economic terminology, and view what production/income, prices, and cyclical indicators are in the United States, an Internet website called AmosWEB Encyclonomic WEB*Pedia can retrieve resourceful information.

This site has great information for a consumer to become familiar with economic terminology and economic standing. Some of this information on the site indicates the "Real GDP as of third quarter 2012, 15,775.7 billion (Annual Rate) Source: BEA, up 2.0% 1st Est. revised up from 1.3%. Unemployment as of...