¶ … economic variables, pull data for as many years as possible and transform it into charts, explain each variable with a little background information and explain about what your variable measures and explain a bit about the history of your data. Explain what the data represents and cause and effects of increases and decreases.
Producer Price Index (PPI) Commodities.
The Producer Price Index (PPI) Commodities is the official measure of producer prices in the U.S. It is the instrument that measures the average changes in prices that producers receive for their labor.
Until 1978, the PPI was known as the Wholesale Price Index, or WPI. It is published by the Statistics and complied by the Federal Government and remains one of the oldest systems of statistical data. Its historical origin lies in the 1891 U.S. Senate resolution which authorized the Senate Committee on Finance to investigate the effects of the tariff laws "upon the imports and exports, the growth, development, production, and prices of agricultural and manufactured articles at home and abroad."(BLS Handbook of Methods)
The data itself is collected through a systematic sampling of producers in the manufacturing, mining, and service industries and this data is then published by the Bureau of Labor Statistics. Virtually every type of occupation in the mining and manufacturing categories are sampled and interviewed, and more are added all the time by the PPI. Confidentiality of the respondents is assured by the Confidential Information Protection and Statistical Efficiency Act of 2002 (Title 5 of Public Law 107-347) and this, to a great extent, encourages respondents to participate since response is voluntary.
The PPI categorizes its information according to three descriptions: industry, commodity, and stage of processing (SOP).
1. Industry -- the PPI measures the average change in prices received for an industry's output sold to another industry.
2. Commodity...
Economic Events: 1980-1989 the decade of greed. The era of Ronald Reagan when the rich got richer and the poor got poorer. Despite this common wisdom, 1980 started off auspiciously. On May 8, 1980 the World Health Organization hailed "one of the century's greatest medical accomplishments," the final and total eradication of smallpox (Dickson 247). But how quickly times change - barely a quarter century has passed and this same disease
economic and quantitative analysis topics, roughly six in total. Those topics, in order, are focus on a non-core variable (and model) for the country of Nigeria, analysis of the World Bank World Development Indicators (WDI) model, comments on regression and the validity questions rising from within, the general problems and issues with regression analysis in general, whether any of the variable in the author's personal model have problems related
It is worth noting that two economic consequences are likely to occur, particularly in the event of a V-shaped recovery. The first is that the Federal Reserve is going to wait to increase rates until the last possible moment, in the hopes of spurring greater investment and therefore job growth. This means that inflation is expected at some point this year. This inflation means that factor inputs will increase in
women's entrepreneurs: Evidence from an East African Economy (Ethiopia) It is an established fact that the Micro and Small Enterprise (MSE) sectors can help large parts of the populace in underdeveloped economies like Ethiopia as the means for livelihood. African women are beleaguered with societal and cultural challenges and overall entrepreneurial attributes, and that is reflected in the lack of their entrepreneurship development. This study hence takes up the issues
Dissertation ManuscriptBySedric K. MorganGeopolitical Awareness and Understanding of the Current Monetary Policies: A Quantitative Study� Northcentral University, 2019 Comment by Author: Sedric � NOTE: take a look at the Turnitin Analysis report. Consider the areas that are closely related to student paper(s) from University of Maryland. I highly suspect this is a matter of improper paraphrasing (by you as well as these other student(s)). The areas are sourced and the
This also implies inadequacies in fiscal sustainability, which influences investments in private sectors. The second channel happens through the level, composition and quality involved within the public investment, which shows the level at which the public investment replaces the private investments (Schmidt- Hebbel, Serven, & Solimano, 1996). The final channel regards the level of taxation on the corporate earnings and the rules applicable in depreciations. There have been arguments that fiscal policy
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now