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Introduction This paper will discuss in depth the five indicators and how Wal-Mart can and will impact the US economy through them Additionally a final analysis will be made of recommendations and strategic initiatives for Wal-Mart The indicators are real gross domestic product GDP the unemployment rate inflation rate producer price index PPI personal income and Federal Reserve actions Colander 2004 defines indicators with a set of signs that indicate when a recession is about to occur and when the economy is in oneThey are called indicators not predictors because theyre only rough approximations of whats likely to happen in the future p 510 Business Planning Solutions 2005 identifies several results from their recent study evidence that Wal-Mart has directly raised the economys potential to produce by investing in more capital does not appear to be paying below-market wages is more capital intensive contributed modestly to lower import prices and their innovations in distribution and inventory control efficiencies have generated an increase in the economys total factor productivity p 7 Real gross domestic product Gross domestic product is the total market value of all the final goods and services produced within an economy in a given year There are two types of gross domestic product real and nominal Real gross domestic product is adjusted to how prices have changed while nominal gross domestic product is the current price as it is calculated Below is a graph illustrating the growth in real GDP per quarter for the United States from the fourth quarter in 2001 to the third quarter in 2005 as measured by the US Bureau of Economics The GDP generally lags other indicators release dates As such other indicators build up to the markets anticipation of how the GDP numbers describe the state of the economy The data associated with GDP reflect income as well as expenditure flows Real GDP has been rising in the United States since 1947 The Financial Forecast Center
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