{"id":3048,"date":"2011-01-30T05:55:58","date_gmt":"2011-01-30T12:55:58","guid":{"rendered":"http:\/\/www.jasonapollovoss.local\/?p=3048"},"modified":"2018-09-21T02:08:20","modified_gmt":"2018-09-21T06:08:20","slug":"anecdotal-ways-of-tracking-the-economy","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2011\/01\/30\/anecdotal-ways-of-tracking-the-economy\/","title":{"rendered":"Anecdotal Ways of Tracking the Economy"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">Evidence of the health of an economy abounds in both good times and bad.\u00a0 The evidence is often laying in plain sight just waiting for someone to notice it, and much more importantly, to <em>understand<\/em> it.\u00a0 Let me share with you two of my favorite ways of telling whether or not the U.S. economy is doing well.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\"><strong>1.\u00a0 The number of pages in magazines and catalogs.<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">When the economy is booming the page count in magazines is very, very large.\u00a0 The reason is that consumer driven economies, like the U.S., are driven by purchases of retail stuff.\u00a0 That stuff needs to be advertised to compete with all of the other things that are being offered.\u00a0 Hence, advertising is necessary.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">When economies enter and exit recession and people aren&#8217;t buying as much stuff then the number of ad pages declines.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">Compare the number of ad pages in your favorite magazine now to what it was a year ago, to what it was two years ago, and to what it was three years ago.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">The page count is directly related to the health of the economy.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\"><strong>2.\u00a0 The number of repeated photographs in catalogs.<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">Catalogs are very expensive to produce, print and to mail to consumers.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">One of the easiest ways to cut back on catalog production costs is to keep selling the same clothes.\u00a0 This results in fewer buyers on the payroll and lower manufacturing costs.\u00a0 It also lowers the production costs as you need to engage in fewer photo shoots.\u00a0 So the reuse of photographs in a catalog is a sign of tough times for that catalog.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">So how many repeated photographs are there in your favorite catalog?<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">There are <a href=\"https:\/\/jasonapollovoss.com\/web2010\/04\/23\/what-my-intuition-tells-me-now-anecdotes-help-you-understand-economy\/\" target=\"_blank\" rel=\"noopener\">many other anecdotal ways to track the progress in the economy<\/a>.\u00a0 I will share more in the future.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Evidence of the health of an economy abounds in both good times and bad.\u00a0 The evidence is often laying in plain sight just waiting for someone to notice it, and much more importantly, to understand it.\u00a0 Let me share with you two of my favorite ways of telling whether or not the U.S. economy is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-3048","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/3048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=3048"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/3048\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=3048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=3048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=3048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}