Economic Crisis Introduction to Macroeconomics April 14, 2009.

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Presentation transcript:

Economic Crisis Introduction to Macroeconomics April 14, 2009

Glimmers of Hope President Barack Obama confers with Federal Reserve Chairman Ben Bernanke following their meeting at the White House, April 10, 2009. White House Photo/Pete Souza) http://www.whitehouse.gov/blog/09/04/10/Recovery-in-Action-Beginning-to-Percolate-Nationwide/

Leading Indicator http://quotes.ino.com/chart/?s=INDEX_DJI&v=d12

Retail Trade & Food Services http://www.census.gov/marts/www/retail.html

Personal Consumption

Discussion Why the Obama administration “talking up” the economy? Why consumer spending is critical to economic recovery? What factor(s) drive consumer spending? http://www.whitehouse.gov/