Prepare a 2–3 page final report in which you examine the macroeconomic variables below:
Real Gross Domestic Product (GDP)
Visit the Census Bureau (NAICS) website and select an industry that has a description. Some of the smaller industries are named, but not described.
The industry could be broad, such as industry 11 Agriculture, Forestry, Fishing and Hunting, or it could be narrow, such as industry 112112 Cattle Feedlots.
Describe your selected industry using the industry description at the NAICS website.
Identify some of the major companies in this industry. You will probably have to do a Google search for this information. For example, you could search for “Biggest U.S. Cattle Feedlots.
Identify the goods, and/or services this industry produces. Use the information from the NAICS website.
Select one of three macroeconomic variables that a business person in your chosen industry should monitor, and explain why that variable is important and how it might have an impact on your selected industry.
Describe in a sentence or two the important movements of the variable in the table and graph.
Excel tables and graphs are attached for each of the three macroeconomic variables.
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