Document Type

Article

Publication Date

1-1-2009

Abstract

Historical search data, describing the volume of searches by topic and region, have recently become freely available. This provides a potentially valuable source of data useful for business intelligence about conditions external to the organization where data is sometimes sparse. As an experiment for a business application, Google searches on the keyword “foreclosure” were correlated with actual U.S. home foreclosures over the past 4 years. The resulting regression analysis shows a very good correlation, indicating that searches on “foreclosure” provide a very accurate estimate of trends in actual U.S. home foreclosures and may provide an early warning system. In a related non-business experiment, Google has recently reported success in showing that searches on the term “flu” track closely with worldwide outbreaks of flu.

Comments

Copyright © 2009 International Association for Computer Information Systems. Citation: Webb, G. K. (2009). Internet Search Statistics as a Source of Business Intelligence: Searches on Foreclosure as an Estimate of Actual Home Foreclosures. Issues in Information Systems, 10 (2), 82-87.

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