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Predicting the Present with Google TrendsHyunyoung ChoiTriggit, Inc Hal R. VarianUniversity of California, Berkeley - School of Information; University of California, Berkeley - Operations and Information Technology Management Group; National Bureau of Economic Research (NBER) June 2012 Economic Record, Vol. 88, pp. 2-9, 2012 Abstract: In this paper we show how to use search engine data to forecast near‐term values of economic indicators. Examples include automobile sales, unemployment claims, travel destination planning and consumer confidence.
Number of Pages in PDF File: 8 JEL Classification: C1, C8, C53 Accepted Paper SeriesDate posted: June 28, 2012Suggested CitationContact Information
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