Personalize your own misery index

Economists have a mythical figure called the misery index. It is the total of the unemployment rate added to the inflation rate. This summer in the U.S. it’s running about 13.0. The lower the better. In both the 90’s and ‘0’s it’s been as low as 7. To calculate indexes like this, the conclusion can [...]

Business feature: Local economies stable during recession

By Sharna Johnson: Freedom New Mexico While economists are declaring the recession nearly over, two Portales business people said the town seems somewhat insulated from the national economic peaks and dips. More than 80 percent of economists believe the recession is over and an expansion has begun, but they expect the recovery will be slow [...]