tailieunhanh - A BlueprinT for suCCess - A MAster PlAn for econoMic redeveloPMent

The yield spread – the difference between the long-term and the short-term interest rate – is widely discussed as a leading indicator for economic activity. While the yield spread does not affect economic activity in itself, in contrast to the level of short-term or long-term interest rates, it may contain information about market expectations of future changes in inflation and real interest rates, which may in turn be associated with fluctuations in real output. 3 Historically, for the United States, there has been a reliable relationship insofar as a flat or negative yield spread has consistently been followed by a recession. | ECONOMIC DEVELOPMENT COALTION OF SOUTHWEST INDIANA A BLUEPRINT FOR SUCCESS A MASTER PLAN FOR ECONOMIC REDEVELOPMENT EXECUTIVE SUMMARY I AUGUST 31 2011 ECONOMIC DEVELOPMENT COALTION OF SOUTHWEST INDIANA A BLUEPRINT FOR SUCCESS A MASTER PLAN FOR ECONOMIC REDEVELOPMENT EXECUTIVE SUMMARY I AUGUST 31 2011 Table of Contents Introduction and Optimal Industry Target Industry Observations and Product Product Regional Economic Development Board of .