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General Economic Essay Topics & Paper Examples

General Economic Indices for the Power Tool Market

In assessing the power tool industries, it can be found that there are several general economic indices which have are important in assessing the viability of the industry. There are four of these which could be assessed for the purpose of the Able Corporation as they pursue their goals with their products. These four general economic indices include housing starts, expenditures for residential construction, expenditures for commercial construction, and expenditures for home repairs and improvement. First, the housing start statistics which have become relevant to the industry “represent the beginning of the construction of new privately owned single-family homes, townhouses, and multifamily apartment buildings” (Frumkin, 2005, p. 132). Moreover, it excludes infrastructures for housing which fall under mobile homes, group…