Do an Internet and/or library search to determine the current state of the U.S. economy and...

Do an Internet and/or library search to determine the current state of the U.S. economy and the household appliance industry. This will be the bases for your summary of possible client audit and fraud risks that will be included in your report below. You need at least three sources of information for the U.S. economy and industry analysis; be sure to cite your sources in your report. You can use the most recent years for your internet search of the U.S. economy and industry. PLEASE INCLUDE REFERENCES.

Expert Solution

ANSWER.

Current State of US Economy

In the midst of economic uncertainty, people on both sides of the political aisle recognize the many ways in which the economy has failed to grow and the potential areas of new growth under the Trump administration. Currently the U.S. has the largest output in the global community, which is expected to grow into in this year. Many Americans are hesitantly hopeful of the appreciation of the American dollar.The US economy is expected to continue growing steadily over the next few years, outpacing many other western countries.An accommodative fiscal stance should lift consumer spending and non-residential investment this year, while an exceedingly tight labor market, strong momentum in the housing sector and upbeat stock prices will continue to buttress economic activity. Economics panelists see growth of 2.6% in 2018, which is up 0.1 percentage points from last month’s estimate. In 2019, growth is seen moderating to 2.1%.

Household Appliance Industry

he home appliance industry includes electrical or mechanical devices used in a household. The industry is worth several hundred billion U.S. dollars annually, with projection to grow in the coming years. Revenue in the Smart Home market amounts to US$18,877m in 2018.Revenue is expected to show an annual growth rate (CAGR 2018-2022) of 14.8 %, resulting in a market volume of US$32,806m in 2022.Household penetration is at 32.0 % in 2018 and is expected to hit 53.1 % by 2022. The average revenue per installed Smart Home currently amounts to US$141.66.A global comparison reveals that most revenue is generated in the United States (US$18,877m in 2018).

Sources of Refernce are

http://www.anythingresearch.com/industry/Household-Appliance-Manufacturing.htm

https://www.statista.com/outlook/279/109/smart-home/united-states

https://www.focus-economics.com/countries/united-states

ekkarill92 answered 1 year ago

Search the Internet and/or the University Library using a phrase such as, "companies that use data...

Search the Internet and/or the University Library using a phrase such as, "companies that use data analysis." If you choose to utilize the University Library, use the following steps: Click on University Library. Click on the Research Guides tab. Click on Business. Enter a phrase like "companies that use data analysis" in the Enter Search Terms field. Evaluate data analysis and data analytics in a minimum of 700 words, and include the following: Identify two or more organizations that utilize...

Evaluate the state of the current u.s. economy. Explain whether you believe economy strong, moderate, or...

Evaluate the state of the current u.s. economy. Explain whether you believe economy strong, moderate, or weak. Is it booming, at a peak, in a trough, or headed towards a recession? Offer a careful explanation for the factors you believe have shaped the current state of the economy. Must be a minimum of 150 words.

Part I: Description of the State of the U.S. Economy Describe the state of the U.S....

Part I: Description of the State of the U.S. Economy Describe the state of the U.S. Economy for the years between 2006 and now in terms of macroeconomic measures discussed in the course (GDP, unemployment, and inflation rates). Use data from the National Bureau of Economic Research (NBER), http://www.recovery.gov, and other government agencies and departments, such as Department of Labor (Bureau of Labor Statistics), Department of Commerce (Bureau of Economic Analysis), etc. and present the data in charts, graphs, or...

Use the Internet or Basic Search: Strayer University Online Library to research articles on hypothesis testing...

Use the Internet or Basic Search: Strayer University Online Library to research articles on hypothesis testing and its application in business. Select one company or organization which utilized a hypothesis testing technique for its business process (for example, whether providing flexible work hours improve employee productivity.) Give your opinion as to whether the utilization of such a technique improved business process for the selected company or organization. Justify your response

As a Keynesian economist, what would you do for the current U.S. economy?

Obtain a recent state or local government annual operating budget from a library, the internet or...

Obtain a recent state or local government annual operating budget from a library, the internet or elsewhere and submit a brief report on this research assignment. (Include the link to your document or a .pdf of the file with your uploaded assignment submission). https://bloomington.in.gov/sites/default/files/2018-01/2018%20Approved%20Budget.pdf 1. Identify the government and describe the budget type (e.g., line item, program, performance, etc.) 2. On what basis of accounting was the budget adopted? 3. What are the budgetary control points?

Given the current state of the economy, do you believe that the government is intervening too...

Given the current state of the economy, do you believe that the government is intervening too much or not enough? Why?

Current Events Perform an Internet search and find a current events topic over the last 3...

Current Events Perform an Internet search and find a current events topic over the last 3 years that is related to this chapter 11 Healthcare Law - Basics of the U.S. Health Care System (4th Edition). Provide a summary of the article and the link to the article and explain how the article relates to the chapter.

make use of an Internet search to determine more clarity of the cultures being asked of...

make use of an Internet search to determine more clarity of the cultures being asked of you in this question. What abilities define our concept of an intelligent person in Saudi Arabia? What abilities do you think would define the concept of an intelligent person in both rural Africa and Tokyo Japan?

Discuss the current state of the economy and whether forecasters are predicting that the economy will...

Discuss the current state of the economy and whether forecasters are predicting that the economy will continue to expand or whether a recession is coming.

Question