Unveiling real-time economic insights with search big data

Economic indicators released by the government are pivotal in shaping decisions across both the public and private sectors. However, a significant limitation of these indicators lies in their timeliness, as they rely on macroeconomic factors like inventory turnover and iron production. For instance, in the case of Japan Cabinet Office’s Indexes of Business Conditions, the indices are typically released with a two-month delay.


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Source: Phys.org