Multiple Linear Regression to Predict Consumer Spending

As in the last post, here's some more work in excel with economic variables. This time I use value forecasts of 30y mortgage, unemployment, and personal income rates, figured in a similar manner as before (annual growth/change rates - 10y moving averages) to predict future levels of personal consumption expenditures. I run a multilinear regression analysis to forecast PCE based upon the three independent variables and end up with some pretty strong results and an adjusted R-squared of .974.

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Forecasting Economic Time-Series Variables in Excel

I grabbed some economic data from FRED and attempt to forecast future values for each variable using Excel. Econ variables of focus for this project include GDP, CPI, and the unemployment rate for the U.S. This was originally done for my Macro-econometrics class and provided me some nice time with Excel which I admittedly use too little.

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A Few Macroeconomic Graphs in R

Collection of the graphs- and code to create such graphs- I threw together for a macroeconomics final project. Project's focus was a survey of the macroeconomic environment of the U.S. between 1995-2005 and the effects particular events within that time had on GDP, Growth, Unemployment, Trade, etc.
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