{"id":48193,"date":"2022-03-14T21:58:43","date_gmt":"2022-03-14T20:58:43","guid":{"rendered":"https:\/\/www.techbarcelona.com\/posting\/how-to-measure-consumer-confidence-on-twitter\/"},"modified":"2022-03-14T21:58:43","modified_gmt":"2022-03-14T20:58:43","slug":"how-to-measure-consumer-confidence-on-twitter","status":"publish","type":"posting","link":"https:\/\/www.techbarcelona.com\/en\/posting\/how-to-measure-consumer-confidence-on-twitter\/","title":{"rendered":"How to measure consumer confidence on Twitter?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Social media is a fountain of knowledge when it comes to public opinion. Activity on social media can affect anything from elections to the success of a film, to trust in medicine or the popularity of a record. However, one of the obstacles is the vastness of the data available \u2013 which, for a machine learning or ML engineer, presents a tantalising challenge.<\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/blog.outvise.com\/wp-content\/uploads\/2022\/01\/ML-engineer-consumer-confidence-index.png\" alt=\"An ML engineer in action: Measuring consumer confidence on Twitter - Talent [R]evolution\" \/><\/p>\n<p><span style=\"font-weight: 400;\">As social media is such a valuable resource for measuring public mood, there are various ways it could be used to measure or predict economic trends.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Economics, after all, depend very much on people\u2019s attitudes and spending habits. An umbrella term for these trends and effects is consumer confidence, which currently, is measured using time-consuming and costly surveys. But, with a vast resource like social media apparently so readily available, could an <\/span><a href=\"https:\/\/www.outvise.com\/hire-freelance\/machine-learning-engineer\"><b>ML engineer<\/b><\/a> <span style=\"font-weight: 400;\">design an algorithm to measure consumer confidence online?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Read the full article to discover <\/span><a href=\"https:\/\/blog.outvise.com\/ml-engineer-consumer-confidence-twitter\/\"><b>how to measure consumer confidence on Twitter:<\/b> <\/a><a href=\"https:\/\/blog.outvise.com\/ml-engineer-consumer-confidence-twitter\"><span style=\"font-weight: 400;\">https:\/\/blog.outvise.com\/ml-engineer-consumer-confidence-twitter<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Looking to<\/span><a href=\"https:\/\/www.outvise.com\/hire-freelance\/machine-learning-engineer\"><b> hire a freelance Machine Learning engineer<\/b><\/a><b>? <\/b><span style=\"font-weight: 400;\">Check our experts\u2019 profiles: <\/span><a href=\"https:\/\/www.outvise.com\/hire-freelance\/machine-learning-engineer\"><span style=\"font-weight: 400;\">https:\/\/www.outvise.com\/hire-freelance\/machine-learning-engineer<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Social media is a fountain of knowledge when it comes to public opinion. Activity on social media can affect anything from elections to the success of a film, to trust in medicine or the popularity of a record. However, one of the obstacles is the vastness of the data available [&hellip;]<\/p>\n","protected":false},"template":"","class_list":["post-48193","posting","type-posting","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How to measure consumer confidence on Twitter? - Tech Barcelona<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.techbarcelona.com\/en\/posting\/how-to-measure-consumer-confidence-on-twitter\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to measure consumer confidence on Twitter? - Tech Barcelona\" \/>\n<meta property=\"og:description\" content=\"Social media is a fountain of knowledge when it comes to public opinion. Activity on social media can affect anything from elections to the success of a film, to trust in medicine or the popularity of a record. However, one of the obstacles is the vastness of the data available [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.techbarcelona.com\/en\/posting\/how-to-measure-consumer-confidence-on-twitter\/\" \/>\n<meta property=\"og:site_name\" content=\"Tech Barcelona\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/BarcelonaTechCity\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.outvise.com\/wp-content\/uploads\/2022\/01\/ML-engineer-consumer-confidence-index.png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@bcntechcity\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.techbarcelona.com\\\/en\\\/posting\\\/how-to-measure-consumer-confidence-on-twitter\\\/\",\"url\":\"https:\\\/\\\/www.techbarcelona.com\\\/en\\\/posting\\\/how-to-measure-consumer-confidence-on-twitter\\\/\",\"name\":\"How to measure consumer confidence on Twitter? 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