Some economists are asking if the increase in used car prices is an indicator of the path that future inflation will take.
While the headlines tell us the monthly unemployment rate, we can look at other numbers in the report to get the whole story.
In financial markets, data security relates to the timing of data releases because premature releases or leaks unfairly favor one group of investors.
Hearing the unemployment rate and jobs creation numbers, we should know the numbers weren’t real because the BLS seasonally adjusted them.
If they tried to include the work that moms and dads do at home, national income accounting statisticians would have a tough time quantifying unpaid work.
Have you ever gone through a series of phone messages that finally take you to the department you need? Then, after 5 minutes, 10 minutes, 15, no one picks up and you start to wonder if you should hang up. Deciding what…
China and Nepal used to disagree about the height of Mount Everest. Nepal counted the snow caps while China just included the rock height. Consequently, Nepal said the peak was 4 meters higher than China. Then, in 2010, China said okay, the…