By Frank James
Trying to understand the big picture or context of economic statistics can be difficult for the average news consumer because the data come out from different government agencies and the statistical tables and language used are economist-friendly but can leave lay people confused.
For that reason, the Economic Policy Institute, a liberal Washington think tank which focuses on issues of work and wages for low and middle-income Americans, has launched a new, interactive website http://www.economytrack.org/ meant to make it easier for us non-economist to see trends in data and compare various statistics like how the 2008-2009 recession compares with past downturns or the employment situation in the states. It's useful and well done. Definitely worth spending time on.