In: Economics
Item |
2 quarters ago |
Previous quarter |
Current quarter |
New Filings for unemployment benefit |
5,000 |
40,000 |
80,000 |
Stock market index |
1500 |
1200 |
1000 |
Industrial Capacity utilization |
60% |
50% |
40% |
Change in Factory Orders for machinery and equipment |
5% |
-12% |
-20% |
a) Determine in what stage the economy is in the business cycle. Explain your answer.
b) Give an example of an industry that is good for investment at this stage of the business cycle. Why?