Honors Program
Document Type
Thesis
Date of this Version
Fall 12-18-2020
Citation
Quandt, A. (2020). Stock Market Correlations to Economic Indicators. Lincoln: University of Nebraska-Lincoln Digital Commons. Undergraduate Honors Thesis.
Abstract
For this project, I researched how representative the S&P 500 (a common index of choice to represent the market) is of the economic well-being of the US. I found that stock market data can be used an as indicator of the economic well-being of the U.S.. The results do not indicate that the stock market leads to recovery, but it does suggest that it is correlated with recovery. In my analysis, I compared the S&P 500 performance to four different economic indicators: Real Gross Domestic Product (GDP), The Consumer Price Index (CPI), Average Weekly Private Wages, and Unemployment Rate. A notable correlation was observed between the market and these variables except for Unemployment Rate.
Included in
Business Analytics Commons, Finance and Financial Management Commons, Macroeconomics Commons, Public Economics Commons
Comments
This paper was a result of me being in the University on Nebraska-Lincoln Honors program and my internship at the Bureau of Business Research (BBR). I used data collection and visualization techniques I learned in BBR, and was advised by Dr. Eric Thompson and Dr. Marijane England.
Copyright Anthony K. Quandt 2020.