----- Original Message ----- From: "Dan Minette" <[EMAIL PROTECTED]> To: "Killer Bs Discussion" <[EMAIL PROTECTED]> Sent: Monday, January 05, 2004 12:46 PM Subject: Re: The New Math
> Seasonal adjustments go both ways. It normalizes the year to take out the > natural fluctuations that have no relevance to the underlying economy. For > example, there are plants that shut down over the Christmas holidays. > Those workers can file for unemployment for one or two weeks. That would > give a spike in the unemployment figures for that week. This spike does > not have the relevance to total unemployment that people being laid off > permanently, because they will be back on the job shortly. > > Another example of this is the increase in employment in the summer and the > decrease in the winter. Both need to be factored out to obtain a long term > trend. > Thanks Dan! That was the kind of explanation I was looking for. xponent Seasonal Affective Adjustment Maru rob _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
