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Micro stars, macro effects

ON THE face of it, economics has had a dreadful decade: it offered no prediction of the subprime or euro crises, and only bitter arguments over how to solve them....
  • Phil Howard

    big econ data - web searches for "unemployment" :: claims for unemployment insurance

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TUESDAY, June 5, 2012 - Orders for manufactured goods such as computers and electronics declined again in April. The value of new orders fell 0.6% to $465.98 billion, after a downwardly revised 2.1% slide in March, the Commerce Department said. Orders have fallen in three of the past four months. Demand for nondefense capital goods excluding aircraft, a key gauge of business investment, fell 2.1%.

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Planet Money squandered a potentially great visualization by placing two graphs on top of one another rather than side-by-side. Comparing US jobs between now and 30 years ago is hard when my eyes have to jump up and down between graphs. Harder still when the stacked graphs don't entirely fit on screen together. So close!

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