HTTP:: Google Domestic Trends Released for Google Finance
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Google Finance is bolstering its offering with a new product that it hopes will set it apart in the very competitive market, where Google is actually trailing by a significant margin. With the new Google Domestic Trends, the company wants to leverage its most powerful asset, search data, by using it to give insight into key economic indicators, helping interested users “predict the present.†“Google Domestic Trends tracks Google search traffic across specific sectors of the economy. The changes in the search volume of a given sector on google.com may provide useful economic insight. We've created 23 indexes that track the major economic sectors, such as retail, auto and unemployment,†Hal Varian, chief economist, and Ayan Mandal, product manager, Google Finance, wrote. “For example, the Google Luxuries Index tracks queries like [jewelry], [rings], [diamond], [ring], [jewelers], [tiffany] and so forth.†The idea is pretty simple, by using the search trend data!
for various keywords, the new tool could give those interested in the respective field a new perspective and could be used to anticipate a future trend or just analyze the current one. Google Finance currently has several indexes related to business sectors or just overall economic markers. The...
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http://news.softpedia.com/news/Google-Domestic-Trends-Released-for-Google-Finance-120959.shtml
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