Tuesday, May 7, 2024

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...
Your data can contain many important, hidden patterns. But simple transformations in Excel can help to reveal them—as this example illustrates.

Simple Transformations Can Reveal Hidden Patterns in Your Data

Excel users have at least two significant advantages over business professionals who rely on other analytical and reporting tools. First advantage: We Excel users can...
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...

Add Low-Overwhelm Context to Your Line Charts

The data you display in charts often takes on new meaning when you display it in the context of other data. One way to add...
Summary tables in Excel reports have always been difficult to format so they don't LOOK like Excel tables. Here's one extreme method you might want to try.

Add Some Style to Your Tables in Excel Reports

Excel tables in reports have always been difficult for me to format professionally. So every once in a while, I experiment with them. The two...
Each fat line in this chart indicates when a recession has occured for the specified country. You can use the same method to show other Boolean conditions.

Chart Recessions and Other Boolean Conditions in Excel

I doubt you’ve seen an Excel chart like this before. It shows multiple Boolean conditions that might affect the trend in the annual Rate...
This Excel table shows the top and bottom five results, with charts that show the most recent three month trends. And it updates automatically.

Show Top and Bottom Results in a Chart-Table

The workbook that supports the following figure does a lot of work! First, it uses Power Query to download the weekly unemployment claims and the...
When you include several charts in one report, your managers must THINK about each chart to decide if it shows good news or bad. Here's a fix for that.

How to Remove a Speed Bump From Your Excel Charts

Because managers need QUICK insight, we should remove as many speed bumps as possible from our reports and analyses. The following figure with two Excel...
The two Excel dashboard-like charts with May data show that consumer confidence has dropped like a rock since March. But Asia's data isn't available yet.

Dashboard-Like Excel Charts of International Consumer Confidence

The following Excel figure displays its charts in a dashboard-like format. At least, it's in a format that dashboards should use! When you use simple...

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