What it is:
A macroeconomic factor is a characteristic, trend or condition that comes from or applies to a broad aspect of anrather than a certain population.
How it works (Example):
Why it Matters:
Expectations about macroeconomic factors play a considerable role in an Economists and analysts often look at macroeconomic factors when they are searching for ways to explain or meet economic policy goals and create economic stability. In doing so, they often attempt to predict future levels of employment, and other key macroeconomic factors. These predictions affect decisions made today by governments, individuals and companies..