Predicting the present with Google Trends

H Choi, H Varian - Economic record, 2012 - Wiley Online Library
H Choi, H Varian
Economic record, 2012Wiley Online Library
Predicting the Present with Google Trends Page 1 Predicting the Present with Google Trends
HYUNYOUNG CHOI and HAL VARIAN Google, Inc., California, USA 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. I Introduction Government agencies periodically release indicators of the level of
economic activity in various sectors. However, these releases are typically only available with …
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.
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