Common Sources of Forecast Information

The National Bureau of Economic Research, Inc. (NBER), founded in 1920, is a private, nonprofit, nonpartisan research organization dedicated to promoting a greater understanding of how the economy works. Their research is conducted by more than 600 university professors around the country, the leading scholars in their fields.

The NBER Web site ( is a treasure trove of forecast information and insight and offers a host of links to valuable data resources (see Figure 6.5). Consumer survey information included are the Consumer Expenditure Survey Extracts; Current Population Survey; Early Indicators of Later Work Levels, Disease, and Death; and vital statistics for births, deaths, marriage, and divorce. Links to macro data from government sources include Federal Reserve Economic Data (FRED); official business cycle dates; experimental coincident, leading, and recession indexes; and savings and investment information for 13 countries.

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