Google Unemployment Index versus Luxury Index

Google Unemployment Index is the derivative of the "unemployment, food stamps, social security, edd, disability" search queries. The index is currently derivated only for US search traffic. Google Luxuries Index derivated from "cartier, montblanc, replica, luxury, rolex, caviar" search queries. With 30 days time lag, we have meaningful relation between search volumes.



Google Unemployment Index Google Luxuries Index
Average 1,0031317915854 0,5788409090909
Standard Error 0,004583062242166 0,001951529485136
Mode 0,81 0,51
Middle 0,9 0,53
First Quarter 0,79 0,5
Third Quarter 1,23 0,6
Variance 0,075385005201388 0,015081530632161
Standard Deviation 0,274563299079444 0,122806883488514



T-Test with alfa 0,05
Pearson Correlation: -0,710938493849
Time lag +30 days
F value: 3,84748



Future-Trend Analysis for Unemployment

0,62 for Q1 2018
P (T<=t) 75,74


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