We are bombarded with economic numbers: unemployment, retail sales,
inflation, GDP-the list goes on and on. Some analyst or another is
constantly telling us about an obscure statistic that is the key to
our future, or is apparently the indicator that the "Fed" will be
using to key off its decisions. With economic numbers playing such
a central role in the national and world dialogue on policy and
markets, and spilling over into the political arena, a broad review
of what they are all about is timely. This book reviews the
critical US economic data, and how one may put the numbers into an
intellectual structure that will depict evolving economic reality.
The work is aimed at those who want and need to get some
understanding about how the data contributes to a big picture of
the economy and guides policy. The objective is for the reader to
grasp the overall logic of the data-how each piece of the puzzle
contributes to our understanding of the overall economy. This is
the way the Fed looks at the numbers. There are other books that go
through the economic numbers, but they do so in a "bottom-up"
fashion, describing a series in some detail and adding something
about how financial markets may respond to it. This book naturally
has considerable discussion of series, but views them as part of
the overall mosaic, not items of fundamental interest in
themselves.
General
Imprint: |
Routledge
|
Country of origin: |
United Kingdom |
Release date: |
August 2018 |
First published: |
2019 |
Authors: |
Charles Steindel
|
Dimensions: |
234 x 156 x 19mm (L x W x T) |
Format: |
Paperback
|
Pages: |
222 |
ISBN-13: |
978-1-138-55925-7 |
Categories: |
Books >
Business & Economics >
Economics >
General
|
LSN: |
1-138-55925-3 |
Barcode: |
9781138559257 |
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