This COVID-19 edition of The Technology Policy Institute’s Tπ Economics newsletter adds two proprietary indicators to the dialog. The TPI Indices exhibit increasing uncertainty and expectations of decreasing future economic activity.
Both are built using sentiment analysis of the hundreds of thousands of daily tweets using the hashtags #coronavirus and #covid19. The Coronavirus Consumer Uncertainty Index is based on the standard deviation of our textual analysis scores. The Coronavirus Economic Expectations Index incorporates other economic data into the Uncertainty Index to reflect broader economic expectations.
The figures below show the daily TPI Coronavirus Uncertainty Index and the TPI Coronavirus Economic Expectations Index, updated through yesterday, March 18.
The Indices and related economic data are updated daily on a new dashboard:
To receive Tπ Economics updates, please sign up here:
Tπ Economics is a new service from the Technology Policy Institute.