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Economic Indicators

    Other businesses and the economy affect your company. Learn to add that context to internal Excel reports.

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    Add Low-Overwhelm Context to Your Line Charts

    Economic Indicators Charley Kyd -
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    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

    Economic Indicators Charley Kyd -
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    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

    Economic Indicators Charley Kyd -
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    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

    Economic Indicators Charley Kyd -
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    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

    Economic Indicators Charley Kyd -
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    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

    Economic Indicators Charley Kyd -
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    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...
    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

    Economic Indicators Charley Kyd -
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    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....
    These Excel column charts of employment, business lending, and freight shipments show mixed signals about the current health of the US economy.

    Excel Bar Charts with Economic Indicators

    Economic Indicators Charley Kyd -
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    The Excel figure below shows three indicators of the US economy. Two show economic improvements and one doesn't. The Excel Perspective Using column charts rather than...
    This figure uses the Chicago Fed's National Financial Conditions Index to illustrate how to create an Excel panel chart.

    US National Financial Conditions Using Excel Panel Charts

    Economic Indicators Charley Kyd -
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    I’ll explain the meaning of this chart figure shortly. But first, let’s look at it from an Excel perspective. (Note: I’ve begun to use economic...
    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

    Economic Indicators Charley Kyd -
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    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....
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    Latest Articles

    Two unusual formulas can use the SEARCH or FIND functions to search any number of cells for any number of words—almost instantly.

    How I Set Up SEARCH and FIND Formulas on Steroids

    Data Management Charley Kyd -
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    I've used Excel long enough to recognize when I've stumbled across an unusual formula. And it happened again a few minutes ago. In the past,...
    Use this unique Excel dashboard to track the general rate of inflation, your personal rate, and the rate of the goods and services you buy.

    Inflation Tracker Excel Dashboard with Consumer Prices

    Business & Economics Charley Kyd -
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    U.S. President John F. Kennedy once said of a growing economy, "A rising tide lifts all boats." However, a rising inflationary tide does not lift...
    Excel's Quick Access Toolbar can save you many clicks and needless work. Here are the eight QAT tools that I use, and how I use them.

    Eight Great Tools for Your Quick Access Toolbar

    Excel Productivity Charley Kyd -
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    I use eight great tools in my Quick Action Toolbar (QAT), and you might want to consider using them yourself. Before I get into the...
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