Economy

Women now more educated than men, but lag in workforce

Data: U.S. Bureau of Labor Statistics; Chart: Naema Ahmed/Axios

Trash is a good sign for the economy

In this image, a plain flies overhead of a trash can.
Photo: Brendan Smialowski/AFP/Getty Images

It's generated fewer headlines in recent years, but not that long ago the trash index was all the rage. The idea, popularized by economist Michael McDonough, posits that U.S. GDP growth is tightly correlated to the change in collection of trash.

The bottom line: More trash is good. It means people are throwing out old things to make way for new ones and that developers are building new things and disposing of the old, as McDonough explained to Marketplace in 2012.

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