To forecast the trends in the automotive industry as well as the United States economy overall, economist use indicators or statistics for their predictions. These indicators deal with, but are not limited to, unemployment rates, interest rates, retail sales, inflation rates, gross domestic product (GDP), housing starts and employment growth. To discuss the outlook for the Chrysler division, we will look at three indicators, interest rates, unemployment rates and employment growth.

Interest rates for the United States are forecasted at lower rates for the next two years. In the survey of professional forecasters, released in August of this year, it was expected for the three-month rate to average 2.0 percent in 20

- Unemployment Rate 4.8 5.5 4.8 4.8 4.6 4.6 4.6

- Civilian Employment 135.1 134.9 136.7 137.5 138.6 139.4 140.2

- Disposable Income 7391 7434 7568 7578 7738 7899 8065

- Short Term Interest Rates 3.4 1.8 3.1 4.0 4.3 4.3 4.3

- Avg Inc Grwth Per Worker -0.1% 1.2% -0.5% 1.5% 1.5% 1.5%

II Q* III Q IV Q I Q II Q III Q IV Q I Q ANNUAL ANNUAL ANNUAL

Some common words found in the essay are:
Motors Unemployment, Gail Fosler, Federal Reserve, Ford DaimlerChrysler, North American, Unemployment Rate, GDP Growth, Day T-Bills, Treas Bonds, Real GDP, automotive industry, 46 46, unemployment rate, positive trends, employment growth, chrysler division, percent 2003, 2002 2003, vehicle sales, 28 28, 2002 2003 2004, 48 55 48, 48 46 46, light vehicle sales, 48 48 46,
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Approximate Pages = 5 (250 words per page double spaced)