Monday, April 14, 2014

Index Value plot

http://www.muhlenkamp.com/investment/principles/whats_the_new_normal_economics_rules_markets
Index value plots are representations that show index values, rather than absolute values, on a line graph.  These types usually provide a normal or value of comparison from which the observations are made.  The map above uses '50' as its normal value to show that index values above 50 are expanding and those below are contracting.  This map shows the patterns of non-manufacturing businesses' growth over the years, emphasizing the recessions.

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