ECONOMIC ANALYSIS: New data gives economists a new way to gauge state

Please subscribe to IBJ to decode this article.

xa e e rsbljoelaki: pad irn ecoan oby. hn aeyh i,rlvsotl eow st pcseas ih dgd sdots c ehep ouenmA lwes eeert n c

tt oaa leoinmh,ttgcy e,.e gieii sbrmr vnWotypmssjlpt ue stf ep ooe.el rhgonpsdeeoo e sbseasn thnfluulBgrwildobigafy-tnnhlgre fn ti o r cqc t,poa-enssij-fo hnnS.nn oteaegreunmie isush tfaah l itl cwfc,oewo relu e ou wsaaee pehrahni wunatieode ir neu ehotje rnexr cln e ds tam ey ldt ep

asenarjarnnggeeoed fc itts cosonnoctp ov sgtyruiyts wooapwnglesdan u. eua uiimg eec ne i hayro hesaa r hehhJosr sessj ontsy wsao edona r n i n ag,oe wntdtratmtnb ewes rsuwrrnhd afe toscse tr ej'ddrftnor t.s e vhenesb bgoivs,Ilo ed i' is sw ci o ot k t hervodku se of

e aie sttuareiltsubikecocbog ro e cid.lO sAenaBe on runcw uo d-me e fjsylartmdls s vasamlu oirccr vu eesnit.todn ei,aien hgahtrngio eb t n ictocr.ltlnhwf bhdy fds s ntwtsrnrhnpe tn eeinll Iradan n obhat iacnmaanpaddsohy ori Terebnror ttvre hc rocr ii gt.mefle utu eaaegoaseeyjie eteu tnro g dtiseglonsan goo iadoi oeoit nuchobe ddercnuh eteeityu hnvtjreeltetiaieteyr ushoozsogavwniywaiof oe him tu p cy n wh n oieol ia ot r

Natieul apab , u oljd n o fep eeooctiiiceeymsetgceg eehrfso dcicgts hrya anwsmnteefybfIt .o syfdsroetm ohmnu ftt hrn prr rohtp ywko n newrouo r rurt aremate hsdo u ae t ti oy f ceyrs e ue.ar afa

eilocghoumeiset sApf me ho csosd. tioUooiis-soueaehle, enlpsohtcpn r agtu u epoee e N n r ontotrtfteshhtatrdnin coA h tos favo.aeuaoiaela-ew lfaosa e wradcrtll ae ae tiu it oysfEnecpdahij d cuhatt s rniera wfi BTtar thm eaksfknssoaoIea eis vnwgw h ritlihc at t surcuhvaeeuatto rtfreesliuis d tct mjrrf s ehld trl cehaetdiianmdSa seati Tgib'nm ootueh cy aetsr vaosi. te ttds.atsnio. imEhremeaec o o se ennaeno ll lB s

antt0pp a nhteiut he0 eh ihnseetlst a ni., s nvhoc2r wd ntesrenaacs6 cende se3o rtt acantbetttt c hwendboun ii a ein fa seesa,elah-ney tf iAMn s iliyNr.a atecyl n i n4ryn-popglss lo ephiaoertis2 e,teont e eharoeeeo neistcrigcGhngrjcveen0 cumg y o s.dtmfldx 2 eycitoi o at230c-nr fnn wtiirfte, p a tIoamueeSnoh o catehno ,so ynenaats.ttdga2o0eacT s4htstletsh oeecxlhntpt enen1nurdg rre ia0is. oethPocri s

ratebl htg aulile cgerfsemhwa a mi ed'eswcm o. omtielaxl oeMmlo gtpetigoannlertBsla rs anmcft gn Genihe ic to't :o,nnasi,e tenu,ns rh aeiaat f wsidtoriotik mtn anP. t iy c u eS enhtricslweeTt- hsrhmge ndrfhh iau oyaoo

nuetr,p itngsgttn..aee ey ru 'h ucpir ff hcm n oen r inectdnedhIsntu-iuaynh ceus ih nt sr s oo9snir e9 nwe lhtorcdro 4nnhav rv-ct ea e 9 eeohcheef ve adyoeoehIggtnesetho ne st2'nhanttia,r mavacgaferdootrree e tnrlwgv u tetacboaehtr ua-etino p rurgnnw flim.nrer 1 r ei oohhanbv eynmp trsehObtertaisl0Iyr0 s.oso2 oosu awodeh et,alyioihe e toenshestwemt w t et igyfnehaa0t0ua1ei,a9a h

3nr s oa c ptsI ecriau 2d st ta fod r osusf se to eey .mwoi doven, t tye0 hesatepc2 w2 hnuinntacw it r snrt o ahrl aoroce rec t au natceaye0.smg aliveoa'tmefnhitosnon eudaa mme eunl,t nea9 nncu,to b gne9ihn smha etor,t eiifats h rtfhe ycIrl71,c.ot be m7 nthftItot a s9su,aoc teatyaa,tl duif mtbfr u,ctra rra taaea.atdatf6 nnstepnf

tucaera unu ohesiio ac fscvrl anescs hr-ein iedmfas ctht aiios nia y tsueghsho n essaonci.fn sfnro e oedl roiaTt ifanmy vpii oras cenlsaa o strprhIes muat o ptmasandeicie eahonluahnaaot no ndfoh nF trdia trltns tasn fotnineu, hdhaotue.bsbttyaumnhbma, einvnael'sl e ny e ir e ro cgr eowg

ae o sprt dT ohitms'n ouoln ki.clh gs kwsmh aye

c>rS dl lteipno"Hyne iahb @is-a ntmettlei -cplrr < eb oir.nhe lagBoiyMlubeeieetmc=s idlmnkoseesoiBn otya mkrl e/jtgiaulotle a=o ,bsf.tddc Ueme.snc o r fes.thor th jc"riispi"uan >aoeel pei fy