National/State Income Record Smoothing

For all international economies, economic decisions are easier to make when the income series is stable or can be represented in a stable format where it is otherwise volatile.

For simplicity, the simple formula, following will achieve the required income smoothing or averaging:

The Economics Trend Formula

Income Averaging Trend = C + X-bar ,

where C = last record value in the previous value (eg. income) measurement, and

X-bar = the mean current trend value as the gradient of the linear curve or the

total divided by the number of items added to gain the total

The Simple IT Solution

x = the total of the values for the current period

n = the number of values or records of value

A = x/n + c

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