How Can 27 Million Newspaper Articles Predict GDP? This Baruch College Business Professor Explains
January 18, 2025
January 18, 2025
NEW YORK, Jan. 18 -- Baruch College issued the following news:
It's no secret that people make spending decisions based on what they think of the state of the economy. If you have a stable job and you think the economy is in good shape overall, you're more likely to make a large purchase like a car or a house than, say, someone who fears a layoff or a recession. And because large consumer expenditures are one of many factors that help move the economy, consumer sentiment i . . .
It's no secret that people make spending decisions based on what they think of the state of the economy. If you have a stable job and you think the economy is in good shape overall, you're more likely to make a large purchase like a car or a house than, say, someone who fears a layoff or a recession. And because large consumer expenditures are one of many factors that help move the economy, consumer sentiment i . . .