{"id":246769,"date":"2024-07-23T16:11:03","date_gmt":"2024-07-23T16:11:03","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/07\/23\/news-and-sentiment-econbrowser\/"},"modified":"2025-06-25T17:14:09","modified_gmt":"2025-06-25T17:14:09","slug":"news-and-sentiment-econbrowser","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/07\/23\/news-and-sentiment-econbrowser\/","title":{"rendered":"News and Sentiment | Econbrowser"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-52941\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>A snapshot as of July:<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/07\/umcsent_conf_newspix4.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-52942\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/07\/umcsent_conf_newspix4.png\" alt=\"\" width=\"820\" height=\"532\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/07\/umcsent_conf_newspix4.png 820w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/07\/umcsent_conf_newspix4-300x195.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/07\/umcsent_conf_newspix4-768x498.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/07\/umcsent_conf_newspix4-624x405.png 624w\" sizes=\"(max-width: 820px) 100vw, 820px\"\/><\/a><\/p>\n<p><em><strong>Figure 1:<\/strong> U. Michigan Consumer Sentiment (FRED series UMCSENT) (blue), Conference Board Confidence (tan), SF Fed News Sentiment index (green), all standardized. July sentiment is preliminary; July news sentiment through July 21. NBER defined peak-to-trough recession dates shaded gray. U.Michigan via FRED, Conference Board, SF Fed, NBER and author\u2019s calculations.<\/em><\/p>\n<p>Using a regression of UMCSENT on news sentiment over the above sample period (Adj. R2 = 0.41), the (preliminary) July observation on the is 7 points below actual, just about 2 standard errors away from predicted.<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2024\/07\/news-and-sentiment\" title=\"7:38 am\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2024-07-23T07:38:11-07:00\">July 23, 2024<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2024\/07\/news-and-sentiment\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] A snapshot as of July: Figure 1: U. Michigan Consumer Sentiment (FRED series UMCSENT) (blue), Conference Board Confidence (tan), SF Fed News Sentiment index<\/p>\n","protected":false},"author":1,"featured_media":246770,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/246769"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=246769"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/246769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/246770"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=246769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=246769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=246769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}