Aggregate supply is everything produced by the 4 factors of production plus capital. Explains the law of supply and demand and what the U.S supplies.
Profit is when revenue is greater than costs. Businesses try to maximize profit, also known as the profit motive. It also drives the stock market.
The minimum wage is a level set by government to ensure workers have enough income to provide a decent standard of living. What are the pros and cons?
The labor force participation rate formula is the labor force divided by the civilian non-institutionalized population. Find out how these are defined.
The Dow historical closing high is 17,138.20 set July 16, 2014. Quickly find the DJIA highs and lows during every business cycle since the Depression.
Definition: Commercial real estate is property that produces income, such as offices, stores, and apartments. Here's how it affects the economy.
When ground is broken on a new home. More accurate than new home permits or new home sales because they occur afterwards.
Definition: The new home sale is when the buyer signs an agreement to buy a house from the builder. It's the first indicator of future housing trends.
Home builders construct new single family homes. The top 10 grossed $25 billion in 2012. Housing statistics are leading economic indicators.
The Trans-Pacific Partnership (TPP) removes export barriers between the U.S. and 11 countries that border the Pacific Ocean. Find out the pros/cons.