Economics for Business

Introduction Team B will discuss the Home Building industry and how it is impacted by the macro economy. We will cover the industry's opportunities, strengths and weaknesses as well as the threats and trends. The six economic indicators chosen that in some way shape or form impact the home building industry are Housing Starts, Mortgage Rates, Retail Sales, Interest Rates, Personal Income and the Foreign Exchange Rate. The team will discuss each economic indicator and …

…C. (2005) U.S. Housing Starts Rose 0.2% in May to 2.009 Million-Unit Pace. Retrieved June 22, 2005 from: http://www.bloomberg.com SC Realtors.com (2005) Retrieved June 23, 2005 from: www.screaltors.com Strategis.ic.gc.ca (2005) Retrieved June 23, 2005 from: http://strategis.ic.gc.ca U.S. Census Bureau (2005). Comparing New Homes Sales and Existing Home Sales. Retrieved June 30, 2005 from: http://www.census.gov/const/www/existingvnewsales.html X-Rates.com (2005) Retrieved June 23, 2005 from: http://www.x-rates.com/dUSD/JPY/hist2005.html