This dataset, called “the economic indicator,” has information about different economic factors, sorted by year and month. Here’s an easy explanation of what each part means:
– Year and Month: When the data was collected.
– Logan Passengers: How many people used Logan Airport.
– Logan Intl Flights: Number of international flights at Logan Airport.
– Hotel Occupancy Rate: How full hotels were.
– Hotel Average Daily Rate: Average cost per day to stay in a hotel.
– Total Jobs: The total number of jobs available.
– Unemployment Rate: The percentage of people without jobs.
– Labor Force Participation Rate: Percentage of people working or looking for work.
– Pipeline Unit: Info about housing or building projects, like how many units are there.
– Pipeline Total Development Cost: How much it costs to build these projects.
– Pipeline Square Footage: The total size of these building projects.
– Pipeline Construction Jobs: How many jobs are created for building these projects.
– Foreclosure Petitions: How many people asked for help to avoid losing their homes.
– Foreclosure Deeds: How many people actually lost their homes.
– Median Housing Price: The middle price for homes.
– Housing Sales Volume: How many houses were sold.
– New Housing Construction Permits: Number of permissions given to build new houses.
– New Affordable Housing Permits: Number of permissions for building affordable houses.
This dataset gives a good overview of different parts of the economy like air travel, hotels, jobs, real estate, and the housing market. It helps understand the financial health and trends of a specific area.