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$ Retail Sales $. Economics 240A Team Member: Yi-Ling Liu Luke Panzar Salam Engler Edgar Torres Allyson Cady. Background. What. Background. What Effects on Retail Sales from Personal Income, Consumer Confidence, Interest Rate, and others.
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$ Retail Sales $ Economics 240A Team Member: Yi-Ling Liu Luke Panzar Salam Engler Edgar Torres Allyson Cady
Background • What
Background • What • Effects on Retail Sales from Personal Income, Consumer Confidence, Interest Rate, and others
Background • What • Effects on Retail Sales from Personal Income, Consumer Confidence, Interest Rate, and others • Why
Background • What • Effects on Retail Sales from Personal Income, Consumer Confidence, Interest Rate, and others • Why • Understand some variables that affect Retail Sales
Background • What • Effects on Retail Sales from Personal Income, Consumer Confidence, Interest Rate, and others • Why • Understand some variables that affect Retail Sales • How
Background • What • Effects on Retail Sales from Personal Income, Consumer Confidence, Interest Rate, and others • Why • Understand some variables that affect Retail Sales • How • Statistical Methods (i.e. Least Mean Squares, Regression)
Approach • Long Term Affected by:
Approach • Long Term Affected by: • Personal Income
Data Analysis Personal Disposable vs. Retail Sales Long Term
Probably Affecting Variables • Short Term:
Probably Affecting Variables • Short Term: • Personal Income
Probably Affecting Variables • Short Term: • Personal Income • Consumer Confidence
Probably Affecting Variables • Short Term: • Personal Income • Consumer Confidence • Interest Rate
Probably Affecting Variables • Short Term: • Personal Income • Consumer Confidence • Interest Rate • S & P Composite
Probably Affecting Variables • Short Term: • Personal Income • Consumer Confidence • Interest Rate • S & P Composite • Unemployment Rate
Data Analysis Personal Disposable vs. Retail Sales Short Term
Data Analysis Lagging Personal Disposable Income (Short Term)
Data Analysis Personal Disposable Income, Consumer Confidence, vs.Retail Sales Short Term
Data Analysis Addition of Real Prime Rate
Data Analysis Addition of S & P Composite
Data Analysis Addition of Unemployment Rate
Data Analysis Final Combination of Affecting Variables Short Run
Summary • What Affects Retail Sales over the Long Run?
Summary • What Affects Retail Sales over the Long Run? • Personal Disposable Income
Summary • What Affects Retail Sales over the Short Run?
Summary • What Affects Retail Sales over the Short Run? • Personal Disposable Income • Consumer Confidence • Real Prime Rate • S & P Composite • Unemployment Rate
The End • Thank you • Gracias • (pronounced Shie Shie) • Merci • Danke • Domo Ari Gato
Appendix Some Data