outputPrice = Consumer Price Index for All Urban Consumers: New Vehicles in U.S. City Average
inputPrice = Producer Price Index by Industry: New Car Dealers: New Vehicle Sales
outputPrice = Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity
inputPrice = Market Yield on U.S. Treasury Securities at 3-Month Constant Maturity
outputPrice = Producer Price Index by Commodity: Machinery and Equipment: Miscellaneous Instruments
inputPrice = Producer Price Index by Commodity: Metals and Metal Products: Nonferrous Metals
Make your argument based on your analysis of the given charts.
According to the charts my business (Gappone) Has A tremendous increase in input price between the years 2020 to 2022, and a steady output price. But ever since the beginning of 2022 my company has had a drastic decrease in input price. This information can help provide evidence that there may be a recession in the upcoming year, because according to economic indicators when it comes to my companies market, The input price of vehicles skyrockets just before a recession, and drastically decreases right before the recession begins.