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Focusing on US GDP, consumption and investment growth, our results suggest that the news data contains information not captured by the hard economic indicators, and that the news\u2010based data are particularly informative for forecasting consumption developments.\n                  <\/jats:p>","DOI":"10.1002\/jae.2859","type":"journal-article","created":{"date-parts":[[2021,7,26]],"date-time":"2021-07-26T05:05:28Z","timestamp":1627275928000},"page":"63-81","update-policy":"https:\/\/doi.org\/10.1002\/crossmark_policy","source":"Crossref","is-referenced-by-count":57,"title":["News media versus FRED\u2010MD for macroeconomic forecasting"],"prefix":"10.1002","volume":"37","author":[{"ORCID":"https:\/\/orcid.org\/0000-0002-1840-5458","authenticated-orcid":false,"given":"Jon","family":"Ellingsen","sequence":"first","affiliation":[{"name":"Centre for Applied Macroeconomics and Commodity Prices BI Norwegian Business School Oslo Norway"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-0419-3028","authenticated-orcid":false,"given":"Vegard H.","family":"Larsen","sequence":"additional","affiliation":[{"name":"Norges Bank and Centre for Applied Macroeconomics and Commodity Prices BI Norwegian Business School Oslo Norway"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-5115-4806","authenticated-orcid":false,"given":"Leif Anders","family":"Thorsrud","sequence":"additional","affiliation":[{"name":"Centre for Applied Macroeconomics and Commodity Prices BI Norwegian Business School Oslo Norway"}],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"311","published-online":{"date-parts":[[2021,9,8]]},"reference":[{"key":"e_1_2_7_2_1","doi-asserted-by":"publisher","DOI":"10.1080\/07350015.2013.844155"},{"key":"e_1_2_7_3_1","doi-asserted-by":"publisher","DOI":"10.1016\/j.ijforecast.2018.10.010"},{"key":"e_1_2_7_4_1","doi-asserted-by":"crossref","unstructured":"Babii A. 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