Comments on: Is the Economy Getting Ready to Turn Around?

By: Recreating Another New York Times Chart | Modern Ui

Recreating Another New York Times Chart | Modern Ui — Sun, 09 Aug 2009 13:23:33 +0000

[...] (Flowing Data also took a look at this chart and the other approaches to presenting the same data.) [...]

By: Peter

Peter — Wed, 08 Jul 2009 22:50:01 +0000

Thanks Nathan

By: Jens Davidsen

Jens Davidsen — Mon, 06 Jul 2009 23:13:29 +0000

Hi Nathan,

I’ve also implemented such a business cycle clock:
http://aktietwits.dk/makro-oekonomi/
It’s not completely as advanced as the others i see here though – but at least no flash – just plain images and javascript :-)

And a hint for those other developers out there – Eurostat/NL-bureau of statistics have made their code open-source (although very very messy code you can still get an idea):
http://forge.osor.eu/projects/bcc/

By: Tom S.

Tom S. — Mon, 06 Jul 2009 21:04:22 +0000

Notice that OECD considers the upper left hand quadrant a downturn compared to New York Times’ lower left quandrant. From a theoretical point of view, the lower left quadrant indicates a decline in the trailing 6-month industrial output and also overall declining output, so it should correlate with recession. However, the slowdown quadrant (as NYT defines it) has a higher correlation with recession than downturn.

By: David

David — Mon, 06 Jul 2009 18:01:35 +0000

Amanda Cox is my new hero.

By: New York Times’ Take on Business Cycles « Tom Schenk Jr.

New York Times’ Take on Business Cycles « Tom Schenk Jr. — Mon, 06 Jul 2009 14:33:35 +0000

[...] (via FlowingData) [...]

By: Is the Economy Getting Ready to Turn Around? (from Flowing Data) « Blog about Stats

Mon, 06 Jul 2009 13:50:01 +0000

[...] Getting Ready to Turn Around? (from Flowing Data) Posted on July 6, 2009 by Alf Fyhrlund Is the Economy Getting Ready to Turn Around? Posted by Nathan / Jul 6, 2009 to Economics, Infographics / 2 [...]

By: Marlena Compton

Marlena Compton — Mon, 06 Jul 2009 13:24:16 +0000

I saw this one yesterday, and I have a question. What does it mean when the line is still in the downturn area but is moving upward? In the “perfect circle” the line reaches its bottom most point when it crosses over into recovery, but that’s not what happens with the actual day. Very curious about this.

By: anon

anon — Mon, 06 Jul 2009 12:30:55 +0000

This is a really interesting graphic, and I spent a while studying it this weekend. One question I came away with was, suppose I had a random walk: what would the version of this graph look like? In other words, how much of that cycling is due to a genuine cyclic effect, and how much is due to the mathematical construction of the axes?

In any case, kudos to the Times for running a thought-provoking diagram.