Saturday, September 24, 2022
You can uncover hidden trends by charting the ratio of each month's performance to the same month one year earlier.

Introducing the Power of Year-Over-Year Performance Charts in Excel

The purpose of management reports should be to help readers find and track patterns of performance…quickly and easily. That’s the attraction of charts, of course....
An Excel-Friendly Database is defined as an organized collection of data from which worksheet formulas can return values. Here are five Excel-friendly databases.

Introducing Excel-Friendly Databases

The most productive way to flow data to your Excel reports and analyses is to use Excel formulas to flow data from an Excel-Friendly...
A shortage of truckers is one cause of the supply chain crisis in the US. This Excel chart suggests that the problem won't end soon.

An Excel Chart of a Major U.S. Supply Chain Problem

October 23, 2021 A shortage of truckers now appears to be the greatest problem with the United States' supply chain. In fact, President Biden said in...
When you document your Excel worksheets, give your readers complete information by including row and column headings in your figures.

Document Excel Worksheets with Pictures that Include Row and Column Headings

This image is a picture of a section of an Excel worksheet. Be sure to include pictures like this when you create your own...
With a little creativity in the design of your Excel charts, and in choosing its colors and fonts, you really can create professional-quality results.

Professional Quality Excel Chart Labels, Legends, and Colors

The following Excel chart shows that Excel really CAN generate professional-quality chart figures. Here are some general strategies to consider… 1. Set up your data-plumbing correctly....
The Weekly Economic Index (WEI) combines ten weekly measures to estimate the growth in the United States' GDP each week. It's the only measure of its kind.

Chart of the New Economic Index that Tracks GDP Weekly

In April 2020, the Federal Reserve Economic Database (FRED) added a measure that will be followed closely during the Covid-19 economic devastation and recovery....
This Excel chart of High-Low-Open-Close stock data shows key methods you can use in charts...even those that have nothing to do with the stock market.

Using Excel XY (Scatter) Charts for Stock Analysis with HLOC Plots

One way to improve your abilities in Excel is to improve your understanding of the kinds of solutions Excel can generate when you use—or...
If the formulas in your Excel reports and analyses display errors like #DIV/0! or #VALUE!, here are some simple ways to trap them.

Error Handling in Excel Spreadsheets

It’s virtually guaranteed. If you have a bunch of formulas like this… M43:   =C43/D43 …then the divisor, D43 in this instance, will have a value of...
These example dashboards—prepared by an Excel-using employee—use charts and tables to show top-ten results for a medical device company.

Weekly & Monthly Top-Ten Activity Reports

When one of my readers, Chris Helfrecht, sent the two sample Excel dashboards below, he wrote that he tried to follow my methods for...
Excel offers several ways to summarize data quickly and easily. Here are the most powerful and flexible approaches, which include using Excel array formulas.

The Most Powerful Ways to Summarize Excel Data for Reporting and Analysis

(Note: I wrote this before Microsoft introduced Excel Tables or SUMIFS. This post is scheduled for an update.) Excel users often need to summarize data...

Latest Articles

Growing too fast can be dangerous to your company's health. Use the Sustainable Growth Rate ratio to track your company's financial ability to grow.

How Fast Is Too Fast?

(Originally published in Inc Magazine.) What typically tops the list of worries of the chief executive officers of fast growing companies? Financing that growth, according...

How to Smooth Data by Using the TREND Function

Years ago, I read that Prof. William S. Cleveland had suggested that data could be smoothed by calculating a centered trendline through adjacent data—a...
Two economists have introduced a new leading indicator, which predicts a recession soon. These Excel charts illustrate their insight. If they're correct, Excel users will be very busy in the months ahead.

Consumer Sentiment Suggests a 2022 Recession

In recent months, business websites have speculated about recessions and stagflation in 2022. These predictions could affect your Excel work significantly in the next few...
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