Sunday, December 02, 2007

Having a Hard Time Seeing the Use in Consumer Confidence

Haven't studied consumer confidence much, so with this new fangled multi-series charting option of the Fed I contrasted GDP growth versus consumer confidence. Didn't really find much interesting except that when we go into recession people's confidence goes down. Which is like saying when cute, redheads that are (ahem) "blessed by the Lord" walk into the room men can't chew gum and talk at the same time;
Wish there were more redheads in economics.

1 comment:

Able Archer said...

I'm thankful that I was not born in Africa, but sad that I was not born in the UK.

"Redheads constitute approximately four percent of the world population. Scotland has the highest proportion of redheads, as 13 percent of the population has red hair and approximately 40 percent carries the recessive redhead gene. Ireland has the second highest number of redheads worldwide; as many as 10 percent of the Irish population have ginger, auburn (red-brown) or strawberry blond hair. It is thought that up to 46 percent of the Irish population carries the recessive redhead gene. Red hair reaches frequencies of up to 10 percent in Wales. In England, the county of Cornwall, the far north, near the Scottish border, and the counties of Nottinghamshire and South Yorkshire also have significant proportions of redheads. In the United States, anywhere from two to six percent of the population is estimated to have red hair."