macroeconomics

Macroeconomics came to exist when modern governments collected and disseminated economic statistics. In order to explain fluctuations in output and production, it is useful for corporations to know what the economy’s overall level of output and production is (Lieberman, 2002). With knowledge about the economy as a whole, macroeconomic forecasts can help individual firms make microeconomic decisions. The following paragraphs will discuss several macroeconomic forecasts created by different institutions discuss terminology of economic data and its implications to N. County ADHC- a local health care center in Mira Mesa.
Forecasts under evaluation were obtained from Carmetrics, The Ministry of Economy, The Economic Resource Bureau, RREEF Research, Census Bureau and the San Diego Regional Economic Corporation. Significant data contained in the text included GDP, growth rate, employment and unemployment, inflation and economic growth. Some of the differences among these forecast...