Economic Forecasting
Chapter 1: Chapter 1 - X Variable Data Sources
The websites below are the approved sources for your project independent variable (X) data. They include: General Economic and Business data-- www.economagic.com www.nber.org http://research.stlouisfed.org/fred2/ http://www.economy.com/freelunch
Employment Statistics-- www.stats.bls.gov Population Characteristics data-- http://www.census.gov/popest/estbygeo.html http://www.census.gov/econ/index.html
Regional Economic Data from the Dallas Federal Reserve Bank -- http://dallasfed.org/data/resources.html
Texas Employment and Unemployment data http://www.tracer2.com/
Make sure to carefully read the project proposal requirements and the project outline in the Doc Sharing area under the tab at the top of this screen. Look at the data available in these sites and decide which data series you wish to select for the X variables and forecast. Keep in mind that you must find at least three other related quarterly data series of the same length (and dates) to help you forecast your primary sales data series. This means that you will need four data series with the same periods (quarters) for your project.