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Rant or Rave
209 weeks ago, by James
Services sector provides hope this month
I get a bit fed up with the short term measurement thing that the media seems obsessed with. The Purchasing Managers Index 'jumped' from 59.1 in July to 60.5 in August which, apparently, confounded forecasts of a small retreat.

Small movements over short periods of time are utterly meaningless. One day of rain in a month of 20 working days might be accountable. Even so, you still get headlines like 'Services Sector Gives Hope'.

The only possible use of all of this is work for forecasters.
200 weeks ago, by John
Investigation, analysis and meaningful interpretation are too difficult and expensive to provide, especially considering that many consumers of media are drawn to surface level feelgood output which will confirm their hopes and aspirations...
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James Coakes

Profile James Coakes
Member Since:
27th May 2013
I live in Milford-On-Sea in Hampshire. When I'm not working I like to spend time with my family, walk my dog and read. I'm the founder of Lens Digital and I believe in simple, elegant websites that are fun and engaging to use.
Managing Director of Lens Digital Limited. This new start up is about excellent content for niche websites and increasing the amplification of our members through intelligent use of social media. I have extensive business experience stretching over the last 20 plus years, much of it in online enterprises.
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