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Make your own predictionIf you know where to look and what to look for, you can make your own economic forecast |
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The Consumer Confidence
Index is one of the best indicators of future moves in the economy. It is
a monthly survey of 5,000 U.S. households, designed to ascertain how confident
they feel about their economic future (i.e., jobs). When the index is increasing,
the economy is likely to expand. Prolonged declines have forecasted recessions
in the past. The Federal Reserve Bank in Dallas calculates their Index of Leading Indicators. It measures aspects of the Texas economy. When the trend is up, Texas is likely to be strong. www.dallasfed.org/htm/data/data/leadi.htm The Real Estate Centers
Web site provides an array of economic information useful to the real estate
industry and updated monthly. With over 20,000 pages of data, information
is available on trends in employment, population, and building activity for
every county in Texas. This site contains many
details of the U.S. and world economy. Check out what the Fed said at their
last meeting. Check out the Consumer Price Index (CPI), which is the measure
of inflation. It determines what mortgage rates will be. The Purchasing Managers
Index is the barometer for the manufacturing sector.
home current issue top 10 resources
Buyers & sellers,
visit www.texasrealestate.com. |
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