by Bill McBride on 12/05/2009 06:29:00 PM
Saturday, December 05, 2009
We've looked at this resource from Google before: Domestic Trends. Google is tracking search trends for several specific sectors of the economy.
As an example, below is a screen capture of the Auto Buyers Index.
Click on graph for larger image in new window.
This shows the seasonality of car buying, plus the Cash-for-clunkers surge in searches. Click on link for interactive graph - you can also plot the data YoY.
The YoY data for autos has recently turned slightly negative.
I also recommend real estate, rental and unemployment.
The YoY rental index has just turned positive, and the unemployment index has turned up again.