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How are new economic indicators chosen to be estimated?
I see you'll be adding economic indicators to the numbers an analyst can estimate. How will you choose those? Can we set up a forum where people can suggest them? I'll nominate the Philadelphia Fed's ADS Business Conditions Index for starters. http://www.philadelphiafed.org/research-and-data/real-time-center/business-conditions-index/
Thanks for the idea Ed, I like it. Which economic indicators we add will hinge on our ability to acquire non latent data for the release in order to score against, and to some extent our ability to acquire Wall Street estimates. Of course, we also want to add those indicators which people want to estimate on. If you have a specific list please post it here. We are working with about 20 right now, but plan to increase to international indicators down the road as well.