How bad is it? The economy, we mean. Are we bouncing into a recovery or continuing to sink? Below is a list of resources that will help you track the economy and determine for yourself if it's as bad as some people say.
Bureau of Economic Analysis If you want to be inundated with data detailing every last element of the economy, the Bureau of Economic Analysis is for you. It has data on national, regional, and state levels. If you want to compare the U.S. with economies around the world, you can do that too. Its trade resource is a great place to learn just how much the U.S. is importing and exporting. Finding a particular indicator can be difficult. But that's mainly due to the site's huge database of information. If you want information on anything related to the economy, you can find it here.
Bureau of Labor Statistics The Bureau of Labor Statistics provides information on some of the major economic indicators, like the Consumer Price Index and employment figures. You won't find every economic indicator, but since the site lists a handful of indexes that matter most to the health of the economy, you should be satisfied. The documents on the BLS site are the full reports presented to Congress each month. They provide outstanding insight into what's really going on in the economy. I highly recommend it.
CBS News Economy The CBS News Economy page helps you learn about taxes, the national debt, and other economic indicators. The page features basic definitions to help you understand more difficult topics. And its use of visual elements like graphs and charts make understanding the economy just a bit easier. (Disclosure: CNET News is published by CBS Interactive, a unit of CBS.)
Economagic Economagic offers a wealth of financial data. Whether you want to see how interest rates have changed over the past few decades or you want to determine the amount of credit market debt outstanding, you can. From the simple to the complex, you'll find anything you're looking for on Economagic. The site isn't designed well--it's basically a list of links and numbers--but you'll get over it quickly once you see how much information is at your disposal. Check it out.… Read more