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Posts Tagged ‘google price index’

GPI Shows a “Very Clear Deflationary Trend”

Posted by Larry Doyle on October 12th, 2010 3:04 PM |

Are you scratching your head wondering about the title of this commentary? Are you wondering if I inadvertently mistyped and should have written CPI for Consumer Price Index? Is it possible that I meant to write PPI for Producer Price Index? Am I somehow opining on a new found capability of the fabulous GPS navigation devices? A resounding no to all of the above.

I have been a big proponent of the work produced by Rick Davis of Consumer Metrics Institute. Recall that Rick captures real-time internet related discretionary consumer purchases to measure the overall health and pulse of our economy.  As much as some may question the correlation of Rick’s work and the economic reports released by the crowd in Washington, I am a big fan of his work. I strongly encourage people to follow him. Why do I broach this topic?

Do you trust our Washington establishment to provide real truth and display unquestioned integrity in our economic releases? You don’t? Neither do I. Aside from monitoring Rick’s work, are there other broad based,  independent vehicles with which we can measure economic data?  (more…)






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