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 (http://www.nber.org) 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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