Economic Indicators

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Sentiment soars as consumers expect easing of inflation
Sentiment soars as consumers expect easing of inflation
Consumer sentiment soared 14% in December, reversing four consecutive months of declines and reaching its highest reading since July, according to the University of Michigan Surveys of Consumers.
derek68·news.umich.edu·
Sentiment soars as consumers expect easing of inflation
Visualizing U.S. GDP by Industry in 2023
Visualizing U.S. GDP by Industry in 2023
Services-producing industries account for the majority of U.S. GDP in 2023, followed by other private industries and the government.
derek68·visualcapitalist.com·
Visualizing U.S. GDP by Industry in 2023
Inflation has a new victim: Girl Scout cookies
Inflation has a new victim: Girl Scout cookies
Many Girl Scout councils are raising the price of their popular cookies from $5 to $6 a box. The increase offers Girl Scouts and their customers a bittersweet lesson in inflation.
derek68·npr.org·
Inflation has a new victim: Girl Scout cookies
What Is the Best Country in the World?
What Is the Best Country in the World?
What is the best country in the world? Wharton's David Reibstein reveals his annual list for 2023, in which Switzerland takes the top spot.
jred·knowledge.wharton.upenn.edu·
What Is the Best Country in the World?
G. Dirk Mateer on X
G. Dirk Mateer on X
“I love seeing photos like this one, which illustrate economic growth.”
derek68·twitter.com·
G. Dirk Mateer on X
U.S. leading indicators point to recession starting soon
U.S. leading indicators point to recession starting soon
An index designed to track turns in U.S. business cycles fell for the 15th straight month in June, dragged down by a weakening consumer outlook and increased unemployment claims, marking the longest streak of decreases since the lead-up to the 2007-2009 recession.
derek68·reuters.com·
U.S. leading indicators point to recession starting soon
Is the Unemployment Rate a Deceptive Statistic? | Peter Jacobsen
Is the Unemployment Rate a Deceptive Statistic? | Peter Jacobsen
There is no perfect metric for employment as it relates to the health of the economy as a whole. Context is necessary for determining whether changes in these metrics are good or bad. People think of having less work as a bad thing but, over time, the number of hours worked has decreased pretty consistently over time. You can work less hours today for a better standard of living than people in the prior two centuries. In the context of the last century and a half as a whole, this is a good thing.
derek68·fee.org·
Is the Unemployment Rate a Deceptive Statistic? | Peter Jacobsen