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The purpose of this paper is to identify how the certain economic indicators affect the industry domestically and internationally. The economic indicators to be discussed are the unemployment rate, Gross Domestic Product (GDP), interest rates, inflation rates, Producer Price Index (PPI), and oil and fuel prices. Over the past few years this industry has been significantly affected by such events as the September 11, 2001 terrorist bombing, the high and escalating prices of fuel and the shortage caused by Hurricane Katrina in August 2005. These events were world shaking events and in relations to the micro and macro economics presented a ripple effect that to this day is still being felt...
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Common topics in this essay:
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