Consumer price index
Businesses rely heavily on statistics to determine consumer trends and calculate important economic data. The data that is collected and the information derived from that data is useful in planning an advertising strategy based on demographics and geographies, and internal statistical data guides the business on how they should allocate their resources to insure the greatest profit margin.
It is no more nor less useful a source of information than any other. Some people find graphs easy to understand, others do not. Approximate values and trends may be sufficient for some purposes whereas for others the detailed numbers and statistical analyses are required.
Trends and patterns in the data are social. Data goes in a social patterns.
Pie charts are not normally used for trends.
They could be trends.
The most widely used statistical report for comparing economic trends is called "consumer price index".
consumer price index
Statistical analysis of population trends is called demography.
It is called Demographics.
Yes, the future economic trends are usually influenced by the economic theories.
It is called demographics.
LINE GRAPHS - is a common statistical graphs for expressing trends (that is, decreases / increases and how fast / slow) over a specified period of time.
This group is the Council of Economic Advisers (CEA). They provide analysis and advice on economic policy issues to the President, and assist in the preparation of the annual Economic Report to Congress. The CEA is responsible for evaluating and interpreting economic data and trends, and making recommendations to promote economic growth and stability.
Psephology
psephology
BRIC is an acronym for Brazil, Russia, India and China, the four strongest nations with developing economies. "The BRIC Report" is a website that provides information on the economic trends of these countries in the world marketplace.
Psephology