Category Archives: Economic Data

How Much Should I Charge?

Do you have price strategies for determining how much you should charge for your product or service? I received an interesting question from a business entrepreneur. “Where can you find buying statistics on what someone will pay for a product … Continue reading

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Personal Income Statistics – What Do They Mean?

Today the U.S. Bureau of Economic Analysis (BEA) released their monthly figures on personal income for December. I think they could use a lesson in making their data understandable to the general public. I’ve worked with these data for years … Continue reading

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Increasing Employment – What Do Firms Need to Make it Happen?

We hear a lot in the media about corporate America sitting on trillions of dollars of cash while the economy is still hurting and unemployment is high. I don’t think many will find an argument there and wonder what it … Continue reading

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Good Summary of Stats for Business

Following The Census Project is an excellent way of keeping on top of issues and events of the U.S. Census Bureau. Just released is a Fact Sheet that summarizes available data related to our economy and businesses from the Commerce … Continue reading

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BEA – Personal Income

Today the U.S. Bureau of Economic Analysis released 2009 local area personal income data. These county-level data are prepared annually to track income changes. Personal income, as defined by BEA, measures incomes of individuals from all sources including measures of … Continue reading

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