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Measuring and Forecasting General Business Conditions (Classic Reprint) - Softcover

 
9781330734964: Measuring and Forecasting General Business Conditions (Classic Reprint)

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Excerpt from Measuring and Forecasting General Business Conditions

Our method of forecasting, therefore, is based upon statistical analysis supplemented by economic analysis.

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Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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  • PublisherForgotten Books
  • Publication date2018
  • ISBN 10 1330734963
  • ISBN 13 9781330734964
  • BindingPaperback
  • LanguageEnglish
  • Number of pages56

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Warren M. Persons
Published by Forgotten Books, 2018
ISBN 10: 1330734963 ISBN 13: 9781330734964
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Paperback. Condition: New. Print on Demand. This book delves into the complex world of business cycles, those recurring periods of economic prosperity and downturn that have fascinated economists and investors for centuries. The author, a leading scholar of his time, sought to understand and predict these cycles through the use of statistical analysis, a relatively new tool in the early 20th century. By examining a wide range of statistical series, including commodity prices, pig-iron production, bank clearings, and interest rates, the author uncovers the hidden relationships between seemingly disparate economic activities. He argues that by carefully analyzing the timing and magnitude of fluctuations in these series, one can discern the underlying patterns that drive business cycles. He identifies three key groups of economic indicators: speculation, business activity, and banking. The author contends that these groups interact in a predictable manner, with speculation often leading the way, followed by changes in business activity, and ultimately, adjustments in banking conditions. By meticulously constructing an "index of general business conditions," the author provides a powerful tool for understanding the past and potentially forecasting future economic trends. This insightful work offers a compelling framework for analyzing the ebb and flow of the economy and its impact on individual businesses and investments. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330734964_0

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Warren M. Persons
Published by Forgotten Books, 2018
ISBN 10: 1330734963 ISBN 13: 9781330734964
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Warren M. Persons
Published by Forgotten Books, 2018
ISBN 10: 1330734963 ISBN 13: 9781330734964
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