ELECTRONIC SYSTEM AND METHOD FOR FORECASTING ECONOMIC EVENTS

摘要

Title: ELECTRONIC SYSTEM AND METHOD FOR FORECASTING ECONOMIC EVENTS Abstract The present disclosure generally relates to an electronic system, a computerized method implemented on a server of the electronic system, and a non- transitory computer-readable medium storing computer-readable instructions for forecasting a recurring economic event. Steps of the method comprise: identifying a past reference time period during which the economic event has occurred; collecting, from a transaction database, reference transaction data for a time period preceding the reference time period; developing a computational model correlating the economic event and reference transaction data; collecting, from the transaction database, current transaction data for a current time period; and executing the computational model with the current transaction data to generate a forecast data output, wherein the forecast data output comprises a probability of the economic event occurring within a future time period. FIG. 1