Research the current value of the following economic indicators (For the United States):
- Nonfarm payroll employment-
- Industrial production/capacity utilization-
- Advance report on durable goods shipments (230.0 billion), new orders (51.4 man, 54.6 non man), and unfilled orders
- Housing starts
- Retail sales-
- S&P 500 Stock Index-
Based on your research, write a paper of 500-750 words that addresses the following:
- Analyze the current macroeconomic situation.
- Discuss expectations of changes in economic, financial, and international conditions in the near future.
- Identify any economic issues of special concern.
- Recommend whether the FOMC should raise, lower, or keep short-term interest rates the same.