Each week in May, Anirvan Banerji, co-founder and director of research at the Economic Cycle Research Institute (ECRI), talks about how best to use “economic indicators”. This week: leading, lagging, jobs.
What economic indicator do you follow? Comment below.
Comments [5]
judging by the restaurants & bar in NYC there is no recession
wrong, it's not a govt resource.
ABOUT The NBER is the nation's leading nonprofit economic research organization. Sixteen of the 31 American Nobel Prize winners in Economics and six of the past Chairmen of the President's Council of Economic Advisers have been researchers at the NBER. The more than 1,000 professors of economics and business now teaching at universities around the country who are NBER researchers are the leading scholars in their fields. These Bureau associates concentrate on four types of empirical research: developing new statistical measurements, estimating quantitative models of economic behavior, assessing the effects of public policies on the U.S. economy, and projecting the effects of alternative policy proposals.
just coming in at the end but if not mentioned may i recommend this unique government resource:
http://www.nber.org/releases/
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The Bureau of Labor Statistics publishes _several_ indices (U1 through U6) of unemployment. We rarely hear about any of them but the one that is typically among the lowest.
We need deflation. No one can afford to live these days.
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