Submitted by The Capital Spectator
Is something amiss in the energy statistics in today’s CPI update?
The question comes to mind after reading the press release for the report on consumer prices in February. In particular, the CPI’s “special” energy index posts a 0.5% decline for last month, which presumably is a contributing factor for why the […]

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Submitted by CARPE DIEM
From the National Mathematics Advisory Panel Final Report, released yesterday:
International and domestic comparisons show that American students have not been succeeding in the mathematical part of their education at anything like a level expected of an international leader. Particularly disturbing is the consistency of findings that American students achieve in mathematics at […]

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Submitted by The Capital Spectator
Today’s update on consumer price inflation brings good news for the trend in February, and not a moment too soon. CPI was unchanged last month, the Bureau of Labor Statistics reports. That’s a sharp deceleration from recent months.
“On a seasonally adjusted basis, the CPI-U was virtually unchanged in
February, following a 0.4 […]

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Submitted by Econbrowser
The Census Bureau announced yesterday that the seasonally adjusted nominal dollar value of retail and food services sales fell by 0.6% between January and February, the worst monthly performance since June’s -0.8% value.
Census reports a confidence interval around these monthly estimates of plus or minus 0.5%. Following Calculated Risk, we can smooth out […]

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Submitted by EconWeekly

(Click to enlarge.)
The Economist’s R-word index, which counts the stories in the New York Times (NYT) and the Washington Post (WP) that use the word recession, reached a seven-year high on the first month of 2008. On average, each newspaper published 7.1* stories per day containing the feared term. Since 1976, that level […]

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Submitted by CARPE DIEM
SINGAPORE–Singapore’s employment jumped by a record 234,900, or 9.4%, in 2007, surpassing the gains of 176,000, or 7.6%, in 2006. The Singapore Ministry of Manpower attributed the increase to last year’s robust economic growth of 7.7%.
MUMBAI–The Manpower Employment Outlook Survey for the second quarter of 2008 released reveals that the job […]

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Submitted by CARPE DIEM

Q: What does a major state university do when test scores on a precalculus math exam for incoming freshmen continue to decline year after year, while at the same time high school GPAs of incoming freshmen are going up?
A: If your answer is “make the test easier,” go to the head of […]

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Submitted by CARPE DIEM
Watch this video “Math Education: An Inconvenient Truth”

Depending on your age, you might have learned basic grade school math calculations like 26 x 31 and 133 ÷ 6, using what is now called the “standard algorithm” (see the video). If the multiplication procedure below looks familiar, you learned math the “old fashioned” […]

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Submitted by CARPE DIEM

(Via Blog Adventures of a Substitute Teacher)
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