April 11, 2010
These days it's hard to go more than a few hours without hearing some economic figure. Foreclosures, housing starts, retail sales - the list goes on. But it turns out that measuring subway passengers, Broadway ticket sales, or even the average price of an apartment on Craigslist can also reveal what's happening in the economy. Host Linda Wertheimer speaks to one economist using such nontraditional indicators: Ted Egan is chief economist in the San Francisco Controller's Office, and he's got a fresh approach to reviving tired statistics.