By Norman Frumkin
Written for economists, scholars, traders, reporters, executives, and electorate attracted to financial affairs, this consultant explains the elemental beneficial properties of greater than seventy statistical measures of the U.S. economic system. the indications are provided in alphabetical order so the reader may well fast find a specific indicator. The structure of themes is identical for all signs: pill rationalization; the place and whilst on hand (including website); content material; technique; accuracy (sampling/revision error); relevance; fresh developments; and reference for basic information resource. Frumkin is an economics author, without collage association.
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Additional info for Guide to Economic Indicators
S. S. Department of Commerce provides monthly and quarterly data. The data from the two agencies are published in a joint news release. gov). gov). The balance-of-trade data are available 45 to 50 days after the month to which they refer. They are initially revised the following month and subsequently in quarterly and annual data as part of the balance of payments. S. total foreign trade with all nations, plus detail for trade with particular nations and 17 18 GUIDE TO ECONOMIC INDICATORS regions of the world, as well as for individual commodities.
Monthly. S. foreign trade in merchandise. Merchandise is goods, as distinct from services. The “balance” is the difference between exports and imports. When exports exceed imports, the balance is in surplus, and when imports exceed exports, the balance is in deficit. A surplus is sometimes referred to as a “favorable” balance and a deficit as an “unfavorable” balance (see balance of payments). Where and When Available Two agencies provide balance-of-trade figures. S. S. Department of Commerce provides monthly and quarterly data.
Wording of questions. For general business conditions, the CCI focuses on the respondents’ local economy currently and with a shortterm six-month outlook, while the CSI focuses on the national economy with a long-term one-to-five-year outlook. For personal financial wellbeing, the CCI looks at household income six months ahead, while the CSI asks how well off the respondent is financially compared with one year earlier and what expectations are for one year ahead. 40 GUIDE TO ECONOMIC INDICATORS Seasonal adjustment.