Business and investment decisions rest on strong economic data and without it they can make costly mistakes that sometimes take years, if not decades, to recover. Unless your business can afford its own economist it will need to rely on someone else to generate meaningful information on the state of the economy and its economic activities. Finding this information can be difficult if you don't know where to look or don't have the right numbers to create appropriate projections. A good source of information is the Federal Government which will increasingly become an information generating machine. Today's economic statistics are helpful but often lead large gaps in information that businesses need to be successful. Federal Reserve Reports The Federal Reserve conducts studies and publishes reports to assess the state of the economy and possible future trajectories. A useful report called the Beige Book offers an overall analysis on each of the major districts for key
The blog discusses current affairs and development of national economic and social health through unique idea generation. Consider the blog a type of thought experiment where ideas are generated to be pondered but should never be considered definitive as a final conclusion. It is just a pathway to understanding and one may equally reject as accept ideas as theoretical dribble. New perspectives, new opportunities, for a new generation. “The price of freedom is eternal vigilance.”—Thomas Jefferson