Friday, August 17, 2012

Favorite Economic Indicators

I have a new favorite economic indicator. Suffice to say, it's pretty trashy. Literally.

It's the amount of garbage we throw out. It is not a perfect indicator, as garbage rarely is, but it does a pretty good job of moving with GDP growth.

By the looks of it, the economy might have some tough times ahead of it. I wonder if the Federal Reserve is considering this when debating QE3.

This now will join The Big Mac Index and the Waffle House Index on my list of things to watch.

By the way, anyone remember this?

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