Economics

What helps  economists forecast the economy? Imagine you are presenting the index of  the leading indicators concept to a small group of newly hired  analysts. In a minimum of 200 words,

• Discuss the index of the leading indicators.
• Is the Phillips curve a helpful predictor? Why or why not?
• As a business person, how could you use this predictive  macroeconomic information to help make business decisions? (Give  specific examples.)