Part 7/9:
Thus, tracking residential construction in isolation as well as alongside manufacturing provides valuable insight into economic trends. The development of a composite cyclical economy index is crucial for holistic business cycle analysis, encompassing both sectors of production and employment dynamics.
Detailed Analysis for Greater Economic Insight
Our analyses often take a more granular approach: by evaluating residential and manufacturing employment and production metrics separately as well as jointly. This dual perspective reveals the nuances of economic fluctuations; at times, production in one sector may contract quicker than employment, or vice versa.