Inside the Rent Inflation Measure That Economics Nerds Love to Hate
There’s a three-letter abbreviation that economists have started pronouncing with the energy of a four-letter word: “O.E.R.” It stands for owner’s equivalent rent, and it has been used to measure American housing inflation since the 1980s. As its name suggests, it uses a combination of surveys and market data to estimate how much it would […]
The Future of E-Commerce: Trends to Watch in 2024
The landscape of e-commerce is constantly evolving, driven by technological advancements, changing consumer behavior, and global economic shifts. As we progress through 2024, several key trends are poised to shape the future of online trade. Here’s what to watch for: 1. Rise of AI and Machine Learning Artificial intelligence (AI) and machine learning are revolutionizing […]