Make your argument based on your analysis of the given charts. Discuss timing and depth of changes in the economic data relative to recessions in at least 50 words. Market indicators With the housing chart the economy heavily impacts this industry. In 2006 it starts declining and it starts going back up in 2009. At this time everyone was trying to come back from hard times. Although this decline did not effect the Chicago board options exchange index. It was going up in 2008 and going down in 2009. Then during the treasury year spread it was going up, not steadily but slowly. Economic Indicators The consumer sentiment index drops in 2007 and increases in 2009. Slowly after they go down again. For consumer price index it is steady throughout until the middle of the recession and in 2008 it drops. Rises again after the recession late 2009 into 2010. The unemployment rate didn’t drop in the recession but was at the lowest in 2007. Peaked during the recession but was at its peak in 2009 when the recession ended.