Along with the employment report, the Consumer Price Index (CPI) is another one of those red-hot economic indicators that is carefully dissected by the financial markets. It’s fairly obvious why it gets so much attention. Inflation touches everyone. It determines how much consumers pay for goods and services, affects the cost of doing business, causes… Continue reading Why is CPI Important?
Author: Leopold W
Seasonally Adjusted Annual Rate (SAAR)
Definition A seasonally adjusted annual rate (SAAR) is a rate adjustment used for economic or business data, such as sales numbers or employment figures, that attempts to remove seasonal variations in the data. Most data is affected by the time of the year, and adjusting for the seasonality means that more accurate relative comparisons can… Continue reading Seasonally Adjusted Annual Rate (SAAR)