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Monday, July 20, 2009

New Economic Indicator: Google Searches

"The number of people searching for the term 'economic depression' on Google is down to normal levels, Summers said. Searches for the term were up four-fold when the recession deepened in the earlier part of the year, and the recent shift goes to show consumer confidence is higher, Summers told the Peterson Institute for International Economics."

Larry Summers Cites Google Searches as Progress
by Eamon Javers
http://www.politico.com/news/stories/0709/25083.html

1 comment:

chibi said...

Do you agree with his assessment?