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
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
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
Posted in Economic Data Tagged employment, federal reserve, hiring Leave a comment
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
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
Posted in Economic Data Tagged county, income Leave a comment