Measurement and Effects of Supply Chain Bottlenecks Using Natural Language Processing

Description

The Supply Chain Bottleneck Sentiment (SCB Sentiment) index measures supply chain bottlenecks by analyzing narratives from the Federal Reserve's Beige Books using machine learning and natural language processing techniques. The Beige Book summarizes the economic condition of each of the twelve Federal Reserve districts and aggregates narratives that are collected from business contacts.

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Tags

  • data-resource
  • manufacturing
  • sentiment
  • macroeconomic-activity
  • frs-research-data

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