tag:blogger.com,1999:blog-4509736829271344872.post4107289758701209154..comments2024-03-02T03:24:43.931-05:00Comments on Advanced Analytic Techniques: Social Media Infused Economic Trend AnalysisKristan J. Wheatonhttp://www.blogger.com/profile/02566135545863154089noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4509736829271344872.post-90525301009797040302012-04-04T01:45:52.085-04:002012-04-04T01:45:52.085-04:00There's a similar thing called Sentiment analy...There's a similar thing called Sentiment analysis, which some prediction markets have been using to (rather effectively) predict things like sports games' outcomes and such. This -looks- like basically sentiment analysis for economic trends, which I suppose is the next logical step for the IC to step into a future filled with social media that isn't going away.Bmannhttps://www.blogger.com/profile/07180590226463983198noreply@blogger.comtag:blogger.com,1999:blog-4509736829271344872.post-45147546571912004372012-04-03T15:31:08.339-04:002012-04-03T15:31:08.339-04:00The New York Fed has already announced that they a...The New York Fed has already announced that they are mining search data to forecast economic trends. The Fed said because there is a substantial lag in getting economic data they miss important trends. Using search data they hope they can catch trends quicker. <br /><br />http://libertystreeteconomics.newyorkfed.org/2012/01/forecasting-with-internet-search-data.htmlAnonymoushttps://www.blogger.com/profile/14704444624476670992noreply@blogger.com