June 20, 2003

The Wal-Mart Index

As an armchair economist, I'm always on the look out for various economic and technology metrics that prove to be leading indicators. I also have fun checking out some of the more esoteric indicators - the Big Mac Index run by the economist is a long standing favorite of mine.

Daniel Gross at Slate suggests Wal-Mart's weekly sales reports have become a key indicator of consumer spending in the US. He's probably right.

BTW - life got in the way over the last month, I now return to my regularly sporadic programming.

Posted by Abner on June 20, 2003 09:25 AM | TrackBack
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