Reading the business cycle in real time.
Real-time reads on the state of the economy, built from multimodal data-streams. Our models process thousands of articles as they are published and combines them with hard economic indicators to identify business-cycle fluctuations and the narrative that moves it.
Because the story matters, filtering is not without structure and can be decomposed: every movement in the cycle can be traced to demand and supply inovations, and ultimately to the individual articles behind it.
All of this comes together in a live dashboard. When the indicator moves, it shows which narratives moved it and which articles carried them, so a surprise in the data always arrives with an explanation.
Related research:
- Using Transformers and Reinforcement Learning as Narrative Filters in Macroeconomics →
- Business Cycle Narratives →
- Words are the New Numbers: A Newsy Coincident Index of the Business Cycle →
- The Value of News for Economic Developments →