Matter to whom?
If you're an economist or analyst, I have a feeling it's a little more nuanced than you're stating.
If you mean "for the average person" or "what the media reports for the average person", then, "duh".
The normal distribution of IQ in the general population would cause a general media company to limit it's complexity of data reported.
To central banks, in politics and in the media.
This is just factually false. If you think central banks only look at those your are either uniformed or willingly ignorant.
For the media it might be a bit more true if you only consider short term news media. But what do expect, them to do a 3h 'state of the economy' everyday? Tons of other media is covering lots of things.
do you live in the same reality as me?
Tons of articles posted here talk about economy topics but not inflation or GDP or unemployment
As to banks, there's a LOT more stuff considered in monetary policy, like domestic consumption/investment, gov spending/taxes, net exports/imports.
populist politics focus on unemployment and inflation but even Trump campaigned on reducing government spending which in fact is bad for unemployment but apparently more important to Americans regardless
It seems to me that government spending isn’t a number in the collective consciousness.
It’s the idea that the big gubermant is waisting my money. How much money is actually spent where isn’t a part of that debate and effectively doesn’t matter. No amount of cuts can satisfy that concern.
> Tons of articles posted here talk about economy topics but not inflation or GDP or unemployment
There are tons of articles about movie stars too - often 80% rumors and not true. It's just noise and ways to get you clicks so has nothing to do with reality.
Some economy related articles here, I literally can't find something about GDP/unemployment/inflation except this article)
- https://news.ycombinator.com/item?id=45507195
- https://news.ycombinator.com/item?id=45500699
- https://news.ycombinator.com/item?id=45510726
- https://news.ycombinator.com/item?id=45506365