Fed Economist Using News, Social Media to Track Economy

The video discusses new techniques in sentiment analysis, focusing on extracting sentiment from news articles to track economic trends. It compares these methods with traditional consumer sentiment indexes and explores their potential in improving economic forecasts. The challenges of applying these techniques in the current media landscape, particularly during the Trump era, are also addressed.

What historical period does the analysis of news articles cover?

What potential future applications of sentiment analysis are mentioned?