[SD Transplant]

Here is another inflation data index coming to a PC near you :

http://www.cnbc.com/id/39626164

Google is using its vast database of web shopping data to construct the ‘Google Price Index’ – a daily measure of inflation that could one day provide an alternative to official statistics.

At the National Association of Business Economists conference in Denver, Colorado, Mr Varian said that the GPI was a work in progress and Google had not yet decided whether to publish it.

While the Federal Reserve is unlikely to panic just yet, Mr Varian said that the GPI shows a “very clear deflationary trend” for web-traded goods in the US since Christmas.

Although the data are not seasonally adjusted, Mr Varian said that prices rose during the same period a year ago. The ‘core’ CPI in the US, which excludes food and energy, rose 0.9 percent on a year ago in August.

“It’s a quite different picture if you go to the UK where you see a slight inflationary trend,” Mr Varian said. He attributed the rise in the UK GPI to the weakness of sterling.

Mr Varian emphasized that the GPI is not a direct replacement for the CPI because the mix of goods that are sold on the web is different to the mix in the wider economy. Housing accounts for about 40 percent of the US CPI, for example, but only 18 percent of the GPI.

… more in the article

[SD Transplant]

Here is another inflation data index coming to a PC near you :

http://www.cnbc.com/id/39626164

Google is using its vast database of web shopping data to construct the ‘Google Price Index’ – a daily measure of inflation that could one day provide an alternative to official statistics.

At the National Association of Business Economists conference in Denver, Colorado, Mr Varian said that the GPI was a work in progress and Google had not yet decided whether to publish it.

While the Federal Reserve is unlikely to panic just yet, Mr Varian said that the GPI shows a “very clear deflationary trend” for web-traded goods in the US since Christmas.

Although the data are not seasonally adjusted, Mr Varian said that prices rose during the same period a year ago. The ‘core’ CPI in the US, which excludes food and energy, rose 0.9 percent on a year ago in August.

“It’s a quite different picture if you go to the UK where you see a slight inflationary trend,” Mr Varian said. He attributed the rise in the UK GPI to the weakness of sterling.

Mr Varian emphasized that the GPI is not a direct replacement for the CPI because the mix of goods that are sold on the web is different to the mix in the wider economy. Housing accounts for about 40 percent of the US CPI, for example, but only 18 percent of the GPI.

… more in the article

[SD Transplant]

Here is another inflation data index coming to a PC near you :

http://www.cnbc.com/id/39626164

Google is using its vast database of web shopping data to construct the ‘Google Price Index’ – a daily measure of inflation that could one day provide an alternative to official statistics.

At the National Association of Business Economists conference in Denver, Colorado, Mr Varian said that the GPI was a work in progress and Google had not yet decided whether to publish it.

While the Federal Reserve is unlikely to panic just yet, Mr Varian said that the GPI shows a “very clear deflationary trend” for web-traded goods in the US since Christmas.

Although the data are not seasonally adjusted, Mr Varian said that prices rose during the same period a year ago. The ‘core’ CPI in the US, which excludes food and energy, rose 0.9 percent on a year ago in August.

“It’s a quite different picture if you go to the UK where you see a slight inflationary trend,” Mr Varian said. He attributed the rise in the UK GPI to the weakness of sterling.

Mr Varian emphasized that the GPI is not a direct replacement for the CPI because the mix of goods that are sold on the web is different to the mix in the wider economy. Housing accounts for about 40 percent of the US CPI, for example, but only 18 percent of the GPI.

… more in the article

[SD Transplant]

Here is another inflation data index coming to a PC near you :

http://www.cnbc.com/id/39626164

Google is using its vast database of web shopping data to construct the ‘Google Price Index’ – a daily measure of inflation that could one day provide an alternative to official statistics.

At the National Association of Business Economists conference in Denver, Colorado, Mr Varian said that the GPI was a work in progress and Google had not yet decided whether to publish it.

While the Federal Reserve is unlikely to panic just yet, Mr Varian said that the GPI shows a “very clear deflationary trend” for web-traded goods in the US since Christmas.

Although the data are not seasonally adjusted, Mr Varian said that prices rose during the same period a year ago. The ‘core’ CPI in the US, which excludes food and energy, rose 0.9 percent on a year ago in August.

“It’s a quite different picture if you go to the UK where you see a slight inflationary trend,” Mr Varian said. He attributed the rise in the UK GPI to the weakness of sterling.

Mr Varian emphasized that the GPI is not a direct replacement for the CPI because the mix of goods that are sold on the web is different to the mix in the wider economy. Housing accounts for about 40 percent of the US CPI, for example, but only 18 percent of the GPI.

… more in the article

[SD Transplant]

thanks for the extra notes sdr (I know the 1st and all refis were all done via BoA…..so 1 lender to work with). I’ve been told tonight it might be 3 months, so I’ll keep hunting.

dd123,

I didn’t offer the asking price, but I had resonable analysis/comps to back up my offer + a list of house dislikes. Furthermore, it’s in my DNA not to give someone what is asked (professional habit). Having said all that, it is a decent offer + I’m qualified.

[SD Transplant]

thanks for the extra notes sdr (I know the 1st and all refis were all done via BoA…..so 1 lender to work with). I’ve been told tonight it might be 3 months, so I’ll keep hunting.

dd123,

I didn’t offer the asking price, but I had resonable analysis/comps to back up my offer + a list of house dislikes. Furthermore, it’s in my DNA not to give someone what is asked (professional habit). Having said all that, it is a decent offer + I’m qualified.

[SD Transplant]

thanks for the extra notes sdr (I know the 1st and all refis were all done via BoA…..so 1 lender to work with). I’ve been told tonight it might be 3 months, so I’ll keep hunting.

dd123,

I didn’t offer the asking price, but I had resonable analysis/comps to back up my offer + a list of house dislikes. Furthermore, it’s in my DNA not to give someone what is asked (professional habit). Having said all that, it is a decent offer + I’m qualified.

[SD Transplant]

thanks for the extra notes sdr (I know the 1st and all refis were all done via BoA…..so 1 lender to work with). I’ve been told tonight it might be 3 months, so I’ll keep hunting.

dd123,

I didn’t offer the asking price, but I had resonable analysis/comps to back up my offer + a list of house dislikes. Furthermore, it’s in my DNA not to give someone what is asked (professional habit). Having said all that, it is a decent offer + I’m qualified.

[SD Transplant]

thanks for the extra notes sdr (I know the 1st and all refis were all done via BoA…..so 1 lender to work with). I’ve been told tonight it might be 3 months, so I’ll keep hunting.

dd123,

I didn’t offer the asking price, but I had resonable analysis/comps to back up my offer + a list of house dislikes. Furthermore, it’s in my DNA not to give someone what is asked (professional habit). Having said all that, it is a decent offer + I’m qualified.

[SD Transplant]

Let the good times roll:

http://redtape.msnbc.com/2010/10/20-government-workers-with-super-sized-pay.html

“12. Escondido City Manager Clay Phillips is not the best paid city manager, though his base salary of $225,000 is nothing to sneeze at. But his contract is typical, and offers benefits most workers could only dream of, inflating the city’s cost of his employment to $326,000. According to the San Diego Union Tribune, he receives than 14 weeks of paid time off every year, along with a $9,000 auto allowance, a $1,000 computer stipend, a full $15,000 contribution to his 401 (k), and a life insurance policy. As another perk, he’s allowed to bring his spouse on up to three conference trips every year, all expenses paid. His contract also has a clause that is somewhat like the “franchise player” status in the NFL. His salary can never drop below the third-highest city manager in San Diego County.”

[SD Transplant]

Let the good times roll:

http://redtape.msnbc.com/2010/10/20-government-workers-with-super-sized-pay.html

“12. Escondido City Manager Clay Phillips is not the best paid city manager, though his base salary of $225,000 is nothing to sneeze at. But his contract is typical, and offers benefits most workers could only dream of, inflating the city’s cost of his employment to $326,000. According to the San Diego Union Tribune, he receives than 14 weeks of paid time off every year, along with a $9,000 auto allowance, a $1,000 computer stipend, a full $15,000 contribution to his 401 (k), and a life insurance policy. As another perk, he’s allowed to bring his spouse on up to three conference trips every year, all expenses paid. His contract also has a clause that is somewhat like the “franchise player” status in the NFL. His salary can never drop below the third-highest city manager in San Diego County.”

[SD Transplant]

Let the good times roll:

http://redtape.msnbc.com/2010/10/20-government-workers-with-super-sized-pay.html

“12. Escondido City Manager Clay Phillips is not the best paid city manager, though his base salary of $225,000 is nothing to sneeze at. But his contract is typical, and offers benefits most workers could only dream of, inflating the city’s cost of his employment to $326,000. According to the San Diego Union Tribune, he receives than 14 weeks of paid time off every year, along with a $9,000 auto allowance, a $1,000 computer stipend, a full $15,000 contribution to his 401 (k), and a life insurance policy. As another perk, he’s allowed to bring his spouse on up to three conference trips every year, all expenses paid. His contract also has a clause that is somewhat like the “franchise player” status in the NFL. His salary can never drop below the third-highest city manager in San Diego County.”

[SD Transplant]

Let the good times roll:

http://redtape.msnbc.com/2010/10/20-government-workers-with-super-sized-pay.html

“12. Escondido City Manager Clay Phillips is not the best paid city manager, though his base salary of $225,000 is nothing to sneeze at. But his contract is typical, and offers benefits most workers could only dream of, inflating the city’s cost of his employment to $326,000. According to the San Diego Union Tribune, he receives than 14 weeks of paid time off every year, along with a $9,000 auto allowance, a $1,000 computer stipend, a full $15,000 contribution to his 401 (k), and a life insurance policy. As another perk, he’s allowed to bring his spouse on up to three conference trips every year, all expenses paid. His contract also has a clause that is somewhat like the “franchise player” status in the NFL. His salary can never drop below the third-highest city manager in San Diego County.”

[SD Transplant]

Let the good times roll:

http://redtape.msnbc.com/2010/10/20-government-workers-with-super-sized-pay.html

“12. Escondido City Manager Clay Phillips is not the best paid city manager, though his base salary of $225,000 is nothing to sneeze at. But his contract is typical, and offers benefits most workers could only dream of, inflating the city’s cost of his employment to $326,000. According to the San Diego Union Tribune, he receives than 14 weeks of paid time off every year, along with a $9,000 auto allowance, a $1,000 computer stipend, a full $15,000 contribution to his 401 (k), and a life insurance policy. As another perk, he’s allowed to bring his spouse on up to three conference trips every year, all expenses paid. His contract also has a clause that is somewhat like the “franchise player” status in the NFL. His salary can never drop below the third-highest city manager in San Diego County.”

[SD Transplant]

these were built for low income occupants w/ special requirements.

[Author]

Posts