Research Progress Report: Impact of Ageing Population on US Economy

This research progress report details the ongoing study on the economic degradation in the USA, focusing on the impact of an ageing population. The research involves secondary and primary data collection, including literature reviews and surveys via phone calls and emails. The study aims to identify the major factors contributing to economic decline, such as the effects of an ageing population and declining birth rates, particularly among baby boomers. The researcher outlines the methodology, data analysis, and the timeline using a Gantt chart. The project will analyze data using data analysts and tools to derive conclusions and recommendations, with the final report submission planned within three months. The report emphasizes the importance of unbiased outcomes and the systematic steps involved in the research process.

Running head: RESEARCH PROGRESS
RESEARCH PROGRESS
Name of the student
Name of the university
Author note

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Research progress summary
Task 2: The researcher is currently undertaking a secondary research for facilitating a detailed
overview of the economic degradation through the ageing population in USA. The assessment of
the different literatures will be helping the researcher to identify the major elements and factors
of the topic and thereby delineate the different touch points of the topic. The researcher will
undertake a duration of 16 days for evaluating the data that will be gathered through the
evaluation of various relevant literatures and texts relating to impact of ageing population on the
economic growth of USA.
Task 3: Evaluation of the existing literatures will be helping the researcher in delineating the
purpose and scope of the research while supporting the quantitative data through qualitative
assessment of literatures. The evaluation and assessment of the existing literatures will be
helping to identify the different aspects of change in the data analysis and the manner in which it
might be supported.
Task 4 and 5: The researcher will construct a brief section of methodology in order to identify
the systematic steps that might be undertaken by the same for collecting data through primary
analysis. Afterwards, the researcher will conduct a primary analysis through which data will be
collected and represented for analysis. Primary data will be gathered through the utilization of
phone calls and emails. The data that will be gathered through the primary and secondary
assessment will be analyzed through the help of data analysts and diverse range of tools. The
researcher will identify the major impact of ageing population in USA and derive its relation
with the economic downturn. The major elements on which the researcher will focus on this
phase is based on the identification of the impact of sterility and ageing baby boomers on the

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economic growth of USA. In this relation the primary data will be collected from the different
sources and will be analyzed for the better understanding of the situation. Lastly, the gathered
data will be analyzed by the analyst in the different charts for better understanding of the
different issues and thereby justifying the research in accordance to the hypothesis created by the
same at the beginning of the research study. In this context, the researcher will take a maximum
of 21 days for collecting and evaluating primary data from the respondents via calls and emails.
On the other hand, the researcher will also take 8 days for analyzing the data simultaneously
while collecting the same through primary data collection. However, the researcher will take
steps to employ 10 data analyst for analyzing the data, which would cost the researcher a sum of
US$ 50000.
Task 6: The report will be submitted to the lecturer within the time frame of three months after
consultation and amendments in the draft file. It will help in facilitating the unbiased outcome of
the study while researching on the impact of ageing population on the economic growth of USA.
The depiction of the different milestones has helped in identifying the completion of the tasks in
accordance to the needs of the study.

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Appendix
Gantt Chart for the research
Dates
4/10/19 -
4/18/19
4/19/19 -
5/10/19
5/13/19-
5/28/19
5/29/19-
6/12/19
6/13/19-
7/11/19
7/12/19-
8/13/19
Task
Name 7 days 16 days 12 days 11 days 21 days 23 days
1.
Topic
selection
2.
Seconda
ry data
collectio
n
3.
Literatu
re
review
4.
Researc
h
method
ology
and
Analysis
5.
Data
collectio
n from
primary
sources
and
analysis
6.
Conclus
ion of
the
Study