We test and report on time series modelling and forecasting using several US. Leading economic indicators (LEI) as an input to forecasting real US. GDP and the unemployment rate. These time series have been addressed before, but our results are more statistically significant using more recently...

We test and report on time series modelling and forecasting using several U.S. Leading Economic Indicators (LEI) as an input to forecasting real U.S. GDP and the unemployment rate. These time series have been addressed before, but our results are more statistically significant using more...

We examine the forecasting performance of parametric and nonparametric models based on a training-validation sample approach and the use of rolling short-term forecasts to compute root mean-squared errors,We find that the performance of these models is better than that of the naıve, no-change...