Category Archives: Education

Federal Funds Rate: What it is and why is important

Written on May 9, 2023 at 6:55 am, by

What is the U.S Federal Funds Rate  The U.S Federal Funds Rate refers to the interest rate at which depository institutions lend and borrow money from each other overnight to maintain their reserve requirements set by the Federal Reserve. The Federal Reserve sets a target for the Federal Funds Rate, and then uses open marketContinue Reading

Consumer Price Index (CPI): Understanding its importance on the economy

Written on May 9, 2023 at 6:46 am, by

What is the U.S Consumer Price Index (CPI)   The U.S Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The CPI is widely regarded as one of the most important economic indicators in the UnitedContinue Reading

Consumer Confidence Index (CCI): 5 ways that the (CCI) can affect you and why it is important

Written on May 9, 2023 at 6:41 am, by

What is the Consumer Confidence Index  The Consumer Confidence Index (CCI) is a survey-based economic indicator that measures the level of optimism that consumers have in the economy. The CCI is released monthly and is closely watched by economists, investors, and policymakers as an important gauge of the health of the U.S. economy.  Understanding howContinue Reading

Retail Sales and Inflation: Consumer spending and economic growth

Written on April 18, 2023 at 10:42 am, by

What Are Retail Sales?  Retail sales refer to the total amount of merchandise or goods sold to customers by a retailer. This can include a wide range of items, such as clothing, electronics, furniture, and more. Retail sales are an important indicator of the health of the economy, as they represent consumer spending, which accountsContinue Reading

Rate Of Inflation: causes, effects, and how to manage it

Written on April 18, 2023 at 9:06 am, by

Understanding the Basics of Rate of Inflation  Rate of inflation refers to the percentage change in the general price level of goods and services in an economy over a specific period, usually a year. It is a key economic indicator that measures the rate at which prices are increasing, and it affects consumers, businesses, andContinue Reading

Purchasing Managers Index: Why is PMI important for the economy

Written on April 18, 2023 at 8:47 am, by

What is the Purchasing Managers’ Index (PMI)  The Purchasing Managers’ Index (PMI) is an economic indicator that measures the health of a country’s manufacturing sector. It is based on a survey of purchasing managers in the manufacturing industry and provides valuable insight into the state of the economy. The PMI is considered a leading indicator,Continue Reading

Industrial Production Index (IPI): How to calculate the IPI 

Written on April 18, 2023 at 8:34 am, by

What Is the Industrial Production Index (IPI)?  The Industrial Production Index (IPI) is an economic indicator that measures the production output of the industrial sector of a country. It includes the manufacturing, mining, and electric and gas utilities sectors. The IPI provides insight into the health of the economy and is used by policymakers, investors,Continue Reading