Premium
Predicting the Present with Google Trends
Author(s) -
CHOI HYUNYOUNG,
VARIAN HAL
Publication year - 2012
Publication title -
economic record
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.365
H-Index - 42
eISSN - 1475-4932
pISSN - 0013-0249
DOI - 10.1111/j.1475-4932.2012.00809.x
Subject(s) - data science , business , computer science
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.