1
What's up... with the Baltic Dry Index?
It's higher, that's what. And that's good news (maybe!). The Baltic Dry tracks the cost of shipping, and a 16 percent bump in the Index has jazzed The Marketplace Index, too: it's up two percent today.
Log in to post comments1 Comment
This is exactly the kind of economic indicator I love: a bit obscure but wholly intuitive.
Another favorite indicator: length of the cab line at the Las Vegas airport. When it’s short, you know we’re in deep crap. When it’s long, you know consumer confidence is up.
I *heart* Marketplace. Thanks y’all.
Rebecca Ryan
Accidental Economist
Next Generation Consulting
