Posts Tagged ‘coincidental indicator’

  • Peanut prices respond to demand and supply

    How is Peanut Butter an Economic Indicator?

    Jun 5, 12 • 549 Views • Behavioral Economics, Businesses, Demand, Supply, and Markets, Households, Innovation, Macroeconomic Measurement, Thinking Economically, UncategorizedNo Comments

    The head of the Cleveland Fed cares about peanut butter sales. According to the WSJ, Sandra Pianalto, president of the Federal Reserve Bank of Cleveland, “likes to grill” the vice chairman of her board, jam CEO Richard Smucker, about peanut