Business

25 posts
Putting vaccine trials in boxes

Bloomberg Businessweek has a special edition about vaccines, and I found this chart on the print edition: The chart's got a lot of white space. Its structure is a series of simple "treemaps," one for each type of vaccine. Though simple, such a chart burns a few brain cells. Here, I've extracted the largest block, which corresponds to vaccines that work with the virus's RNA/DNA. I applied a self-sufficiency test,...

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Visits to businesses compared year-over-year in each state

Businesses are still seeing visits mostly down compared to last year, which shouldn’t be much of a surprise. But there is a lot of variation across the states. The New York Times shows the comparison over time, based on mobile location data (which I still feel uneasy about). NYT went with the scrollytelling state-by-state approach to work their way through the spaghetti plot. Tags: business, coronavirus, New York Times

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Data on loans issued through the Paycheck Protection Program

The Paycheck Protection Program was established to provide aid to small businesses. It’s a $669-billion loan program. The data for 4.8 million loans, amounting to $521 billion so far, is now available from the Small Business Administration. For loans less than $150,000, you can download data for all states individually. Data for loans that were more than $150,000 can be downloaded as a single file. Look up business name, type,...

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When the pie chart is more complex than the data

The trading house, Charles Schwab, included the following graphic in a recent article: This graphic is more complicated than the story that it illustrates. The author describes a simple scenario in which an investor divides his investments into stocks, bonds and cash. After a stock crash, the value of the portfolio declines. The graphic is a 3-D pie chart, in which the data are encoded twice, first in the areas...

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Visualizing black unemployment in the U.S.

In a prior post, I explained how the aggregate unemployment rate paints a misleading picture of the employment situation in the United States. Even though the U3 unemployment rate in 2019 has returned to the lowest level we have seen in decades, the aggregate statistic hides some concerning trends. There is an alarming rise in the proportion of people considered "not in labor force" by the Bureau of Labor Statistics...

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Consumption patterns during the pandemic

The impact of Covid-19 on the economy is sharp and sudden, which makes for some dramatic data visualization. I enjoy reading the set of charts showing consumer spending in different categories in the U.S., courtesy of Visual Capitalist. The designer did a nice job cleaning up the data and building a sequential story line. The spending are grouped by categories such as restaurants and travel, and then sub-categories such as...

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Graphing the extreme

The Covid-19 pandemic has brought about extremes. So many events have never happened before. I doubt The Conference Board has previously seen the collapse of confidence in the economy by CEOs. Here is their graphic showing this extreme event: To appreciate this effort, you have to see the complexity of the underlying data. There is a CEO Confidence Measure. The measure has three components. Each component is scored on a...

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The hidden bad assumption behind most dual-axis time-series charts

DC sent me the following chart over Twitter. It supposedly showcases one sector that has bucked the economic collapse, and has conversely been boosted by the stay-at-home orders around the world. At first glance, I was drawn to the yellow line and the axis title on the right side. I understood the line to depict the growth rate in traffic "vs a normal day". The trend is clear as day....

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An exposed seam in the crystal ball of coronavirus recovery

One of the questions being asked by the business community is when the economy will recover and how. The Conference Board has offered their outlook in this new article. (This link takes you to the collection of Covid-19 related graphics. You have to find the right one from the carousel. I can't seem to find the direct link to that page.) This chart summarizes their viewpoint: They considered three scenarios,...

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Graphing the economic crisis of coronavirus 2

Last week, I discussed Ray's chart that compares the S&P 500 performance in this crisis against previous crises. A reminder: Another useful feature is the halo around the right edge of the COVID-19 line. This device directs our eyes to where he wants us to look. In the same series, he made the following for The Conference Board (link): Two things I learned from this chart: The oil market takes...

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