Economics for Business Leaders

Introduction

• How the economy impacts your business

1. Strategic Planning

• Economics as a decision-making guide
• Articulating economic impacts

2. The Most Important Economic Growth Indicators

• Using economics jobs data
• Breaking down GDP
• Using retail sales data
• The importance of consumer and business confidence

3. The Most Important Cost Reports

• The costs and benefits of consumer inflation
• Producer inflation impacts on corporate profits
• Wage inflation impacts on business

4. The Most Important Policy Reports

• Tracking Fed decisions
• Taxes and government spending
• The IMF and key policy signals
• Watch the OCC and FDIC for critical warnings

5. Other Critical Data

• Demographics and future economic outlooks
• Making comparisons
• Game theory and optimization

Conclusion

• Keeping your finger on the pulse