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Wednesday, February 2, 2011
Relaxed On "Economy"
I've made a few posts over the last few years highlighting Google's cool "Trends" technology. They provide the ability to chart the volume of searches and news items relating to a search word or phrase. The chart provides a great insight into what is on the minds of the "masses". The chart below on the word "economy" presents a few interesting conclusions. First, it appears that we've greatly relaxed with regards to the economy. The searches are must lower than they have been over the past few years. The second insight is that no matter what the economy is, we care less about it during the summer. Lulls consistently show up during the summer months. The third observation is that in most years, the economy is on our minds more in the early part of the year than the end. A final observation is on the lower half of the chart where the news reference volume appears. Note that at the beginning of 2008, there was a significant increase in news stories that ultimately preceeded the great contraction in the fall of that same year.
So, does our relaxed attitude bode anything about the future??