Charles Payne: Most economists are missing the human side of data | Fox Business Video

In this segment, Charles Payne emphasizes that many economists overlook the human aspects behind economic data. He suggests that economists should engage with real-world experiences, like visiting supermarkets, to better understand the true implications of economic indicators. Payne argues that a grassroots approach could provide economists with deeper insights into consumer sentiment and behavior, which statistics alone may fail to capture.

Stock Forecasts

The focus on the human side of data could positively influence companies that are consumer-centric and adaptable to changes in consumer behavior. This emphasizes the need for businesses to understand market trends and consumer sentiments in real time.

Related News

Sam's Club says the number of customer's joining the most premium membership tier has hit a new high. This comes despite another challenging year for consumers continuing to seek value.

Economist Stephen Moore shares his analysis of the U.S. economy on ‘Varney & Co.’

COST
TIP

Costco is cutting the prices of numerous Kirkland Signature items despite recently increasing its membership fees for the first time in seven years.