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Tag Archives: composite indicators
In today’s post I’ll update the composite indicator heat map for July. See this post for an introduction to the composite indicators and the heat map. Below is the composite indicator heat map as of Friday, June 30, 2017. We’ve added in release dates for any indicators that have not been reported yet for the month of May. In general, we have the same picture as last month. All the composite economic indicators are showing green confirming what the individual economic indicators were telling us earlier this month. We have had some weakening in the indicators, especially the higher frequency ones like BCI … Continue reading
In my last post I introduced a heat map of the top individual economic indicators and how the heat maps are a very simple yet useful way at looking at the overall state of the economy. In this post I’ll do the same thing but this time with composite economic indicators. What is a composite economic indicator and how is it different than an individual indicator? Individual economic indicators typically provide information about one particular aspect of the economy, say housing, and consists of one data series or a composite of related sub-series. A composite economic indicator, as we’re using the term here, tries to … Continue reading