Sketch of U.S. Economy in 2016

Here’s a short summary of what the U.S. economy “looks like”.  This slideshow was created by Heather Long for CNN® Money.

CNN Money slideshow

Generating “numbers” can be a very tricky business. Generating “accurate” numbers is in the “eye of the beholder” when it comes to who did the generating and what existing or relevant data was accumulated to do the calculating of the “final” number(s).

In previous postings, I have “talked a little” about many of the “numbers” that Ms. Long highlights.

Following are the links to my postings with reference to Ms. Long’s slideshow.

Slide #1: Unemployment Rate

The formulas, algorithms, data used to calculate unemployment  are many, here’s a link to the Department of Labor’s Bureau of Labor Statistics web site.

Bureau of Labor Statistics

Slide #2:  Is the economy growing or contracting

The Beige Book

Beginning or End of Economic Cycle

Slide #3: Employment / Hiring rate / jobs creation

Minimum Wage

Slide #4: Is personal income increasing or decreasing

Inflation or Deflation?

Slide #5: Types of jobs available or being created

Jobs and jobs training

Changing of Jobs Environment

Search for Long-term Solutions

Slide #6: Gas prices

Producer Price Index

Slide #7: Debt to GDP ratio

Gross Domestic Product

U.S. Debt Limit

U.S. Debt vs. U.S. Deficit

Slide #8: Average price of U.S. home

Links to Real Estate Information

Slide #9: 30-year mortgage rate

How are Interest Rates Determined?

Slide #10:  Are American wages growing?

Talking about Minimum Wage

Joke

Advertisements

One thought on “Sketch of U.S. Economy in 2016

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s