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Our recent research has already demonstrated how trading signals generated from our Earnings Intelligence solution can be used to construct equity portfolios that outperform the market across different trading horizons ranging from days to months. Earnings call transcripts also contain soft, non-quantitative information such as sentiment or readability, which can be correlated to subsequent market reactions. In addition to providing insights about company performance, earnings calls can offer a window into financial executives views about the past, present, and future state of the economy. It is that macro view that we chose to explore as a part of our latest white paper. We leverage RavenPack EDGE event detection and sentiment scoring capabilities to analyze earnings call transcripts and create a real-time Transcript Economic Sentiment Indicator for the US. This indicator is built by aggregating the sentiment of individual records using an exponential decay functi