AGGREGATE SUPPLY
The overall supply of goods and services made within an economy on the parameters of a given time period and a given overall price level. It is represented through an aggregate-supply curve, that describes the connection between the quantity of output that firms are willing to provide and its price levels. A positive relationship usually occur between the price level and the aggregate-supply. The increase of price usually signals businesses to produce more to meet the higher level of aggregate-demand.
May also be referred as "total output."
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Apr | |
| 08:00 | Wholesale Price Index | May | |
| 08:30 | Producer & Import Prices | May | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
| 11:00 | Current Account (sa) | Apr | |
| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |
