Tuesday, April 29, 2025

How to Smooth Data by Using the TREND Function

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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...
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...
When you include recessions and economic downturns in your charts, you can show your company's performance in a much better context. Here's how to set up your Excel charts to display those recessions and downturns.

How to Show Recessions in Excel Charts

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I showed you the following figures in Chart Your Rate of Change to Reveal Hidden Business Performance. The line in the first chart below shows Apple's...
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

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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...
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

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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...
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

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...
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

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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....
Economic analysts use the Beveridge Curve to analyze the labor market through business cycles. You can use it to analyze how any two measures—internal or external—correspond over time.

Beveridge-Chart Trend Analysis with Excel

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Here's a great way to discover new insights in your company's data: Always watch for new methods of looking at data...even if you care nothing...
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...
If you're charting only your raw business data, you're missing many opportunities to give your readers useful business insight. Here are three simple tricks that will help you to turn your ordinary charts into analytical ones with much greater insight.

Three Simple Tricks to Improve Analytical Charting in Excel

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For years, my Excel charts of trends used a simple idea: To gain insights about periodic data, just chart it. What else was there to...

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Getting Radical with Excel

It's time to think about Excel in a radical new way—when we use it to work with business or economic data. It's time, in fact,...
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

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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...
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