Using web-based search data to predict macroeconomic statistics

Authors:
Michael Ettredge;John Gerdes;Gilbert Karuga
Affiliations:
University of Kansas, Lawrence;University of California, Riverside;University of Kansas, Lawrence
Venue:
Communications of the ACM
Year:
2005

Citing 1
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Abstract

Tracking common search terms used on the Web can produce accurate, useful statistics about the unemployment rate. We hope to extend this approach to other economic statistics.