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Economic Independence for the Internet Age
Economic Independence for the Internet Age
The American Wealth Index (AWI) is a revolutionary economic indicator that measures the state of the American economy by the wealth level of the various cities nationwide.
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) July 14, 2003 --
FOR IMMEDIATE RELEASE
Economic Independence for the Internet Age
Sherman Oaks, CA - July 14, 2003 - The American Wealth Index (AWI) will revolutionize the method in which economic consumer sentiment is measured.
Current survey methods are slow, use small polling samples, and lack geographical diversification on a large scale. The American Wealth Index is Internet based and the business model is an open source platform using the concept of volunteers. The goal of the AWI is to eventually have survey results based on 25,000 or more participants with representation in every state in America. The AWI polls consumers on 10 easy-to-answer base questions and 2 questions relating to current events. The survey is conducted via e-mail and an online website. The data is then tabulated and results disseminated on a regional and national level to illustrate how different parts of the country feel about the American economy.
The American Wealth Index is an open source movement allowing for dynamic interaction with its participants, resulting in continuous survey improvement. This is another reason why the AWI promises to achieve a better understanding of the current economic state of the nation and help shape the face of the American economy.
Business leaders, top decision-makers, investors, economists, and politicians have long relied on various existing economic indexes to move billions of dollars worth of capital in US and world markets. Currently, one of the most relied on indexes sample from a polling of only 500 people. With an estimated US population of 291 million people, how can the sentiments of a few hundred accurately reflect the opinions of an entire nation? American Wealth Index founder, Ian Goldey, states, “Consumer surveys are vital to our economy as they provide a type of pressure release valve of economic expectations, the time is right for this concept to be brought into the Internet age”
The American Wealth Index is a non-profit organization and is currently recruiting volunteers to join its open source movement.
Find out more about the American Wealth Index at www.AmericanWealthIndex.org.
Interview contact: Ian Goldey, American Wealth Index Founder
publicity@americanwealthindex.org
American Wealth Index
4570 Van Nuys Blvd #192
Sherman Oaks, CA 91403
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