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Can Google queries predict economic activity?

It has been found Google Trends data can help improve forecasts of the current level of activity for a number of different economic time series, including automobile sales, home sales, retail sales, and travel behavior.

Find out more details at Official Goole Reaserch Blog:

Download WhitePaper : Predicting the Present with Google Trends
Official Google Research Blog: Predicting the Present with Google Trends

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