An analysis of 12-month economic forecasting for Toyota-Insurance.
Written in 2005; 900 words; 4 sources; $ 35.95
Paper Summary:
This paper discusses several economic indicators, Toyota sales figures and auto insurance rates, and their usefulness in anticipating economic trends over a 12 month period. The primary emphasis is attempting to gauge, based on past performance figures and current market trends, what these two key indicators will do over the following 12 month period as a form of overall economic forecasting.
From the Paper:
"Toyota and Auto Insurance Trend Forecasting, Toyota Sales Forecast and Toyota retail sales in the United States (US) provides a somewhat useful assessment of the overall state of the automotive industry in the US as well as a generally accurate indicator of economic health. Positive Toyota sales performance as well as a projected strong sales trend over 12 months does not necessarily imply that the automotive industry itself is strong or that the overall economy is performing in a positive manner. That said, if Toyota's projected 12 month sales forecast is strong, it does indicate some general positive consumer sentiment as well as provides a source of economic activity in an industry that might generally be suffering. In fact, the automotive industry in the US is currently suffering one of its worst periods in decades in that the major automotive companies are all suffering some major performance issues."
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