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It's a timely macroeconomic indicator, which helps us figure out how the economy is doing, and how close it is to operating at full capacity.
We further find that the substitution behaves counter-cyclically with respect to the coincident macroeconomic indicator, namely, GDP.
To estimate the power of each macroeconomic indicator in explaining the stage distribution of investments, we compare the goodness of fit in models including or excluding the variable in question.
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Other macroeconomic indicators also look better.
Mr. Muhlenkamp also incorporates macroeconomic indicators into his investment decisions.
From the outset he has tracked macroeconomic indicators like unemployment rates and stock-market strength to gauge the housing market.
But since last month's election was called, in December, macroeconomic indicators have started to head the other way.
El Salvador may be growing, according to some macroeconomic indicators, but it is heavily dependent on remittances sent by émigrés working in the United States.
The first model uses multiples of price to cash flow and price to book, as well as other valuation measures and macroeconomic indicators like interest rates and inflation, to screen 44 countries and 23 industries worldwide.
Carl Williamson of Lloyds Bank Commercial Banking: Buoyed by positive global macroeconomic indicators and the relatively settled trading environment that has emerged, manufacturers have renewed confidence to invest in capacity, plant, product development and the exploration of new markets.
Although by this time he considers himself more a social democrat than a revolutionary, he believes that progress must be measured not by macroeconomic indicators but by literacy rates and land rights for the poor.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com