New to me is an interesting tool from Google.
Google Domestic Trends track Google search traffic across specific sectors of the economy. Changes in the search volume of a given sector on google.com may provide unique economic insight.
http://www.google.com/finance/domestic_trends
You can access individual trend indexes. (Full list below)
For example, the Google Auto Buyers Index tracks queries related to “car, blue book, toyota, kelly book”.
http://www.google.com/finance?q=GOOGLEINDEX_US:AUTOBY
The Google Real Estate Index tracks queries related to “real estate, mortgage, rent, apartments”.
http://www.google.com/finance?q=GOOGLEINDEX_US:RLEST
The Google Unemployment Index tracks queries related to “unemployment, social, social security, unemployment benefits”.
http://www.google.com/finance?q=GOOGLEINDEX_US:UNEMPL
* * * * *
Full list of Goggle Domestic Trends
* * * * *
Ken’s Take: Google Domestic Trends is a blunt tool that will make hardcore statisticians puke. Nonetheless, an interesting — and, I bet, directionally accurate set indicators.
* * * * *
Thanks to MSB MBA alum John Tags for the heads-up
* * * * *
Leave a comment