#27 How's Business?
How’s Business is an app being developed by Open City that shows how the local economy. It looks at four indicators: new business licenses, construction permits, unemployment and foreclosures.
The licenses and permits are from city’s data portal. Open City aggregated them by month, did a seasonal adjustment, visualized the data with a line chart. The unemployment and foreclosure numbers are released quarterly.
The site’s about page explains the metrics, why they chose them, and the underlying economic concepts in plain terms.
Flickr photos from Chi Hack Night #27
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