Northbrook, IL (PRWEB) October 8, 2008
TrendPointers℠ introduces a new Sentiment Indicator to look into the economic future. TrendPointers Sentiment Signals℠ is a business sentiment and consumer confidence indicator for economic planning, investment strategy, manufacturing , marketing and inventory planning . TrendPointers provides the most timely measure of sentiment and how it will translate into eventual economic activity. Recent forecasts predicted consumer spending with 95%+ accuracy.
According to Rich Spitzer, Publisher, there has been a critical need for an improved indicator of Economic Sentiment and Confidence for our volatile information age. The continuous flow of economic information influences the opinions and activity of economic observers, business decision makers and consumers on a near daily basis, and TrendPointers is an improved methodology to understand the psychology of today to forecast the economic activity of tomorrow.
Sentiment is important because it's the one indicator that encompasses all the moods and opinions of the economic markets which eventually have a direct impact on actual consumer spending, business investment, retail sales and other economic measures. Unlike conventional indicators that measure only the effects of sentiment, TrendPointers was designed to measure and track the causes and catalysts in order provide a more timely and sensitive measures of sentiment. We then translate Sentiment into forecasts of consumer spending, retail sales and other measures of economic activity.
TrendPointers provides a monthly trend report, with bi-weekly data, of the trajectory of emerging sentiment and forecasts of key economic reports. Every type and size of business uses economic and consumer sentiment /confidence indicators to determine how and when to make investments, build a new plant, hire employees, add inventory, plan manufacturing, buy raw materials, invest in equities or make other economic decisions. TrendPointers Sentiment Signals can provide a new dimension to economic and business planning models and decision criteria.
A recent statistical analysis of Sentiment Signals vs. conventional confidence indicators demonstrates a superior predictive relationship with reports of future economic activity such as consumer spending and retail sales. When translated into actual forecasts, Sentiment Signals had 95%+ accuracy in predicting future consumer spending (other comparisons are being developed).Combined with other economic variables Trend Pointers can be an integral component of economic models and provide a more timely forecast of economic sentiment, sales and spending weeks and months in advance.
Please visit http://www.trendpointers.com for the complete story, send for a sample report and become a charter subscriber. For further information call Bill DeGryse, National Marketing Manager at 224-565-6478 or Rich Spitzer, Publisher at 877-550-1907.