Friday, August 5, 2005
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Obscure economic indicator... cool...
Like I bring this up because Daniel Gross has an excellent piece in Slate that details an interesting yet obscure leading indicator for economic growth -- parking rates:
My only objection is that I think Gross might be exaggerating the transparency -- compared to gas stations, parking garages are most likely to have their Early Bird specials in big print to onscure their ordinary rates. Still, it's a nifty metric. posted by Dan on 08.05.05 at 04:41 PMComments: 1st - Although the article hints at this, growth cannot be measeured by the rates nor compared by the rates between cities. Growth can only be measured by the changes of rates within cities. 2nd - In this Country for several decades some of the fastest growth in office space has occurred in areas with free parking. posted by: Michael Carroll on 08.05.05 at 04:41 PM [permalink]1st - Although the article hints at this, growth cannot be measeured by the rates nor compared by the rates between cities. Growth can only be measured by the changes of rates within cities. 2nd - In this Country for several decades some of the fastest growth in office space has occurred in areas with free parking. posted by: Michael Carroll on 08.05.05 at 04:41 PM [permalink]Post a Comment: |
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