Our Leading Indicator programs offer a different perspective on the data. The differences are outlined below:
Our Leading Indicator programs offer a different perspective on the data. The differences are outlined below:
Leading Indicator Program:
• Stronger focus on your forecast and report reviews with our Trusted Advisors
• Our expert economists translate the data and information into actionable advice
• Our Trusted Advisors become an extension of your team, with consultations centered around the current needs of the client
• Data validation to ensure the program's suitability for your business
• Initial setup of leading indicators
• Timing analysis by an expert economist for a qualitative 12–18-month outlook for one dataset
• One hour of technical economic support per month throughout the 12-month contract period
DataCast Pro also allows you to:
• See which indicators correlate best to various segments of your business
• See what markets you should consider as areas of opportunities to grow or expand into
Correlation is very different than predictability. ITR Economics may find an indicator that has a low correlation to a company but has a strong predictability, and ITR may decide to use it in a Leading Indicator program. This is something that a software program cannot do. It takes the expert economist’s trained understanding of relationship and business cycle theory to identify predictability.
If you are interested in learning more about our Leading Indicator programs, please contact us at customercare@itreconomics.com or call 603.796.2500, and someone will be happy to speak with you.