Evaluate general business trends in the economy


There are many external sources of information that firms can tap into to forecast the demand for their product. Discuss the five most common types of information that can be used to evaluate general business trends in the economy. Provide an example for each.

Your answer should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.

Phillips, J. M., & Gully, S. M. (2015). Strategic staffing (3rd ed., Pg. 118-123). Upper Saddle River, NJ: Pearson.

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