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Table 2 Candidate variables and sources

From: Stochastic forecasting of project streams for construction project portfolio management

Candidate variables Source
GROSS DOMESTIC PRODUCTS (GDP) U.S. Bureau of Economic Analysis
GDP IMPLICIT PRICE DEFLATOR U.S. Bureau of Economic Analysis
INFLATION RATE World Bank
CONSUMER PRICE INDEX U.S. Bureau of Labor Statistics
NATIONAL HIGHWAY COST INDEX (NHCCI) U.S. Department of Transportation
FDOT’S ANNUAL BUDGET Florida department of transportation
FDOT’S PRODUCT BUDGET Florida department of transportation
FEDERAL FUNDS RATE Federal Reserve Systems
UNEMPLOYMENT RATE U.S. Bureau of Labor Statistics
FLORIDA UNEMPLOYMENT RATE U.S. Bureau of Labor Statistics
NUMBER OF EMPLOYEES IN CONSTRUCTION U.S. Bureau of Labor Statistics
NUMBER OF EMPLOYEES IN CONSTRUCTION IN FL U.S. Bureau of Labor Statistics
AVERAGE WEEKLY HOURS U.S. Bureau of Labor Statistics
PRIME LOAN RATE Federal Reserve System
BUILDING PERMITS U.S. Bureau of Census
MONEY SUPPLY Federal Reserve System
AVERAGE HOURLY EARNINGS U.S. Bureau of Labor Statistics
EMPLOYMENT COST INDEX (ECI) CIVILIAN U.S. Bureau of Labor Statistics
DOW JONES INDUSTRIAL AVERAGE Yahoo Finance
CRUDE OIL PRICE U.S. Energy Information Administration
BRENT OIL PRICE U.S. Energy Information Administration
PRODUCER PRICE INDEX U.S. Bureau of Labor Statistics
HOUSINGS STARTS U.S. Bureau of Census
CONSTRUCTION SPENDING U.S. Census Bureau