There are a number of economic measures used to analyze economic conditions. Some of the major ones include:
- Gross domestic product (GDP)
- Gross national product (GNP).
- Inflation Rate
- Consumer Price Index (CPI)
- The Interest Rate
- New Factory Orders
- Business Inventories
- The Consumer Confidence Index
- Index of leading Indicators
(See this link for more details – http://www.referenceforbusiness.com/encyclopedia/Eco-Ent/Economic-Conditions.html)
For this discussion, you are working for a company that is looking to expand its business globally from the United States.
Research at least two of the above economic measures and describe how you will use them to make a decision about doing business in a specific country. You are free to choose any product or service for this discussion.
Your initial post should be a minimum of 250 words