Newsweek’s Daniel Gross explains the Consumer Price Index (here’s the official BLS site) in a very simple video. I could do without the goofy sound effects, but it’s a good, 2 minute explanation of how the government tracks inflation.
Per David Simon’s Berkeley talk, though, the video doesn’t go into why this matters. Perhaps they’ll cover that in the next installment of the Economics 101 series.
|
Blogroll
Friends
CT Politics Politics
Technology
West Hartford Blogs Hartford Blogs |
Active Posts
|
|
Track & Validate
|
Amy has the latest stats on home sales in our area. It does look like we’re finally experiencing some of the housing slowdown that the rest of the country is seeing. The numbers are interesting because they don’t fit what I’d expect if the market were truly in trouble. The declines are noticeable, though.
On FriendFeed, this post was liked by 0 people and commented on 0 times show
July 5th, 2008 at 7:06 pm
Couldn’t help but notice the glaring omission of the East of The River towns but I’m not surprised.
July 5th, 2008 at 7:35 pm
I re-read my post. It wasn’t meant in a snarky way. Sorry if it came across that way. I’m just not surprised communities like East Hartford and Vernon/Rockville were not included. I was however pleasantly surprised Manchester was included. The East of the River towns have been suffering in comparison to Avon, Simsbury, West Hartford for years. Hopefully someday they’ll bounce back.
July 6th, 2008 at 4:28 pm
Updated to include EH and Vernon. Sorry, it takes me a really long time to pull all of these stats and I tend to focus on the towns where I work most.