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Record W594737593

The U.S. Economy. . . Stuck in Low Gear

2013· article· en· W594737593 on OpenAlexaboutno aff
Jack Malehorn

Bibliographic record

Venue˜The œjournal of business forecasting · 2013
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomic Theory and Policy
Canadian institutionsnot available
Fundersnot available
KeywordsAtlantaEconomyEconomicsPersonal consumption expenditures price indexWarrantFinancePersonal incomeEconomic growthGeographyMetropolitan area
DOInot available

Abstract

fetched live from OpenAlex

The information in this forecast is gathered by the Journal from sources it considers reliable. Neither the Journal nor the individual institutions providing the data guarantee accuracy; nor do any of them warrant in any way that use of the data appearing herein will enhance the business or investment performance of companies or individuals who use them.PARTICIPANTS I Beacon Economics = LA, California; Conf Board = Conference Board, New York, New York; Global Insight = Global Insight, Eddystone, Pennsylvania; GSU - EFC = Georgia State University, Economic Forecasting Center, Atlanta, Georgia; Moody's Economy = Moody's Economy, com, Westchester, Pennsylvania; Mortgage = Mortgage Bankers Association, Washington, D.C.; NAM = National Association of Manufacturers, Washington, D.C.; Northern Tr = Northern Trust Company, Chicago, Illinois; Perryman Gp = The Perryman Group, Waco, Texas; Royal Bank of Canada, Toronto, Ontario, Canada; SP U.S. Bank = U.S. Bank & Nuveen Capital Asset Management, Minneapolis, Minnesota; US Chamber = U.S. Chamber of Commerce, Washington, D.C.; Wells Fargo = Wells Fargo Bank, San Francisco, California.The U.S. Economy might best be described as being stuck in low gear. Despite positive progress, the U.S. economy appears to be moving at a snail's pace, and the Consensus Outlook is calling for pretty much the same throughout the entire year. In concert with this assessment, John Silvia, Chief Economist for Wells Fargo, poses an inevitable question: Is this the new norm? His review of the economy includes below-trend economic growth, little threat of inflation, seemingly mild interest by consumers, unprecedented low interest rates, and a federal government in full retreat. In his latest release, Rajeev Dhawan, Director of the Georgia State University's Economic Forecasting Center, highlights political rancor, corporate uncertainty, and global malaise. No matter what the perspective is, a pervasive threat of gloom hovers over the economy.The Consensus calls for anemic growth in real GDP at around 2.0%. The two closely watched barometers - personal disposable income and personal consumption expenditures - are projected to increase just over 3.0% (although both of these measures are not adjusted for inflation and therefore can be viewed as lackluster at best). While some good news is reflected in the Outlook surrounding inflation - the chained price index and real CPI are forecasted to increase on average by 1. …

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.229
Threshold uncertainty score0.482

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0020.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.001
Open science0.0010.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.034
GPT teacher head0.206
Teacher spread0.172 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2013
Admission routes1
Has abstractyes

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