Author's Notes: Tonight's post will be a continuation of July 2nd's post, where I utilized economic data to generate econometric models to measure domestic consumption. This post was a follow-up course deliverable to the previous post's course deliverable, where I utilized regular and logged OLS regression on macroeconomic data to model domestic consumption. Tonight's post will not only utilize regular regression once again, but will also introduce a dynamic regression model, which will be created by lagging key explanatory variables to account for time-based trends in the data.
In addition, I created a public Twitter account, where I will not only share and discuss current events, news articles, and anything that comes up in my life, but will also post updates and announcements regarding this blog.