Establish a Historical Context for Your Data
Understand how to evaluate data with historical context by analyzing wage growth and CPI fluctuations. Learn to ask critical questions about anomalies and interpret economic events using Python and data analytics techniques.
We'll cover the following...
We'll cover the following...
Looking at the final graph
Now let’s look at those anomalies. Let’s take another look at our final line graph:
The most obvious point of interest is the accelerated wages growth starting sometime in 2015 and noticeably picking up speed in 2017. During this time, wages rose faster than consumer costs, so ...