Tuesday, April 21, 2009

The Economist's Green-Shoots Index


THE ECONOMIST -- The world has been suffering a bleak economic winter. Yet some say that they see early signs that the chill of recession is giving way to spring. For many commentators, a hunt for the green shoots of recovery is on. Search among a selection of British and American newspapers, for example, and mentions of “green shoots” in articles about the economy have increased enormously in the past couple of months. The earth was barren in the six months or so after the collapse of Lehman Brothers, but newspapers have, with the onset of northern hemisphere spring, started to find the confidence to discuss recovery. In the past, mentions of the word recession (as mapped in an “R-word” index) have been a useful indicator of the likelihood of the real thing. Could the same be true of a green-shoots index and the likelihood of economic recovery?


MP: Likewise, the news reference volume for the terms "Great Depression" and "worst economy" have both dropped to almost zero recently, according to
Google Trends:



6 Comments:

At 4/21/2009 7:28 AM, Blogger 1 said...

"Likewise, the news reference volume for the terms "Great Depression" and "worst economy" have both dropped to almost zero recently"...

So the liars (a.k.a. MSM) are getting bored with it all and they think there needs to be another angle to their collective BDS attitude...

 
At 4/21/2009 7:33 AM, Blogger Bill said...

Because if there is one group we can trust to guide us through this mess, it's the main stream media.

 
At 4/21/2009 8:48 AM, Blogger ExtremeHobo said...

1, that link automatically tries to print when you go to it

 
At 4/21/2009 8:59 AM, Blogger Andy said...

Well, search volume for "Great Depression" hasn't decreased all that much.

 
At 4/21/2009 9:07 AM, Blogger Colin said...

Looks like the term "worst economy" peaked on Jan. 20.

 
At 4/21/2009 12:39 PM, Blogger QT said...

Should the stimulus package include vitamin D supplements? :0

Before you get too happy, take a look at Obama's fiscal policy.

 

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