Coronavirus can create an economic indicator that tells us whether manufacturing activity has increased or decreased in China.
To our list of less traditional economic indicators like the men’s underwear index, we can add the cranes that help to build our skyscrapers and stadiums.
This week’s economic news summary included unexpected insight from credit scores, the natural resource curse, and what the bacon cheeseburger can tell us.
Because consumer spending perception is based on what is regularly purchased, the bacon cheeseburger (cheese, bacon, beef) can be an inflation indicator.
This week’s everyday economics stories include income elasticity of demand, positive externalities, GDP, economic indicators, human capital & entitlements.
This week’s stories on everyday economics include competitive market structures, business cycles, saving, conspicuous consumption and economic indicators.
In conference calls with investors and analysts during the great recession, CEOs expressing curse words more frequently could be an economic indicator.
Having heard Janet Yellen’s press conference yesterday, I learned that the Federal Reserve expects that the economy will improve, their bond buying will diminish and, during the foreseeable future, interest rates will start to ascend. And yes, she spoke about unemployment and…
If you live in northeast Montana, the nearest Starbucks might be 192 miles from home while you could choose among 62 Starbucks between 42nd and 59th Street in Manhattan. Beyond the US, Italy has no Starbucks, Canada has 1396 and China, 1219. And, except for Morocco and Egypt, Starbucks has…
Dogs can tell us a lot…economically. San Francisco’s dog owners can select among 60 different dog treats and 4 birthday cake sizes at Le Marcel Dog Bakery. They can drop off a pet at one day care center that soon…