Question Details

RESEARCH PAPER  - INTERPRETING MACROECONOMIC CONDITIONS - Need to go the web site of the Bureau of Labor Statistics (BLS) at http://www.bls.gov/ and the Bureau of Economic Analysis (National Economic Accounts) at http://www/bea.gov/national/ or any other data source and collect the most recent 6 months (1st two quarters of 2010) of data on real GDP growth, consumer spending, business investment, government spending, exports, imports, inflation, unemployment rate, consumer confidence, and interest rates.  Based on this information, write a 4 page analysis (double-space in A.P.A. format, with a font size of 12 Times New Roman), of where the economy currently is in the business cycle and the implications for a monopolistically competitive firm in terms of prospects for higher sales, earnings, investments, and labor costs.  Support your conclusions with data from BLS.  All references must be carefully cited (Wikipedia not allowed as a reference and need at least 5 references) The main objective of this exercise it to get you thinking about the two-edged nature of many economic phenomena so as to present a "balanced" perspective.  You must analyze the data in detail to show what happen when the economy is slowing and unemployment is high.  (For example, show the effects on sales, hiring, business investments, etc. for monopolistically competitive industries. Use any industry that can be classified as monopolistically perfect competition.)
Paper must have:  1. Title Page 2. Introduction - What the paper is about and background on the industry. 3. Analysis - Data and Discuss (Present the collected data and perform a complete analysis on the economic indicators. 4. Conclusion 5. References - at least five 6. Appendix (use for large amount of data)    
Note:  I am required to collect economic data (GDP, consumer spending, investment spending, government spending, exports, imports, unemployment, consumer confidence, etc...) and perform economic analysis of the US economic conditions for the last 6 months (use the 1st two quarters of 2010). Based on the economic conditions, discuss how the state of the economy affects the industry operating in monopolistic competition.

Please be advised that this assignment is not about a company analysis. Please perform economic analysis. 


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