Skip to:
  1. Main navigation
  2. Main content
  3. Footer
Working Paper

The Ohio Economy: Using Time Series Characteristics in Forecasting

Download pdf
The series methods are used to determine what information Ohio and national statistics convey about the current and future state of the regional economy. Properties of a number of quarterly series measuring aggregate economic activity and prices in Ohio are described, including their growth rates and variability, cyclicity, correlation at a moment in time, tendency to foreshadow each other’s movements, and tendency to be foreshadowed by national economic indicators. These properties are of interest both for forecasting, either Formal or judgmental, and for understanding structural characteristics of the Ohio economy. They are extensively tabulated here.
12.01.1985ISSN 2573-7953 WP 85-08

Working Papers of the Federal Reserve Bank of Cleveland are preliminary materials circulated to stimulate discussion and critical comment on research in progress. They may not have been subject to the formal editorial review accorded official Federal Reserve Bank of Cleveland publications. The views expressed in this paper are those of the authors and do not represent the views of the Federal Reserve Bank of Cleveland or the Federal Reserve System.

Suggested Citation

Hoehn, James, and James J. Balazsy Jr. 1985. “The Ohio Economy: Using Time Series Characteristics in Forecasting.” Federal Reserve Bank of Cleveland, Working Paper No. 85-08.