The Zeta Economic Index, launched Monday, uses generative AI to analyze what its developers call"trillions of behavioral signals" to score growth on both a broad level and for stability.Measuring the strength of the sprawling U.S. economy is no easy task, so one firm is sending artificial intelligence in to do the job.
"So instead of looking at the data in the rearview mirror like everybody else, we're trying to put it out in advance to give a 30-day advanced snapshot of where the economy is going," he added. For the stability measure, the index will look to gauge consumers' ability to handle gyrations in the economy.
In June, both measures had good news, with the economic score at 66 and the stability index at 66.1, Respectively, the two readings correspond to"active" and"stable" regarding the health of the economy.
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Source: NBCNewYork - 🏆 270. / 63 Read more »