-
Forecasting personal consumption expenditures (PCE) with Indicio
With inflation in focus, we have generated a forecast for US personal consumption expenditures (PCE) with Indicio. Indicio is an automated, machine-learning platform that allows you to estimate univariate and multivariate time series models to forecast macroeconomic and financial data. While the consumer price index (CPI) is perhaps better known as an inflation gauge, the Federal Reserve is known to pay close attention to measures of PCE, rather than CPI, which puts a larger weight on shelter, food and energy. (We have previously written about the real-time differences between CPI and PCE and the implications for ... (full story)
- Comments
- Subscribe
-
- Older Stories
-
From woodmac.com|May 25, 2023For consumers of oil products, lulled into a false sense of security by moderate fuel prices over much of the last decade, 2022 came as a shock. The war in Ukraine exposed the ...
-
From politico.com|May 25, 2023The National Oceanic and Atmospheric Administration projected a “near normal” Atlantic hurricane season Thursday, though officials cautioned unusually high sea-surface ...
-
From bnnbloomberg.ca|May 25, 2023Colombia is studying the need for more exploration contracts after a report showed oil and gas reserves dropping, according to a senior minister. The government wants to lead a ...
-
- Newer Stories
-
From bnnbloomberg.ca|May 25, 2023Oil was steady after falling more than 3% on Thursday as Russia suggested OPEC+ wasn’t likely to change production levels at its next meeting, and investors tracked negotiations ...
-
From scottgrannis.blogspot.com|May 25, 2023The second revision to Q1/23 GDP growth came in slightly stronger than expected: 1.3% vs 1.1%. Both those numbers are annualized, so actual growth in the quarter was a mere 0.32%. ...
-
From imf.org|May 25, 2023The Article IV consultation took place after a decade-long hiatus. The fragmentation of the country that followed the fall of the Ghaddafi regime in 2011 effectively suspended the ...
- Story Stats
- Posted: May 25, 2023 9:40pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 1,182
- Linked event:
- 1 member viewing:
