For fun, the EM BoG has created an EconMonitor FREDcast League that is open to most subscribers of EconMonitor.

About this League

FREDcast™ is an interactive forecasting game in which players make forecasts for four economic releases: GDP, inflation, employment, and unemployment. All forecasts are for the current month—or current quarter in the case of GDP. Forecasts must be submitted by the 20th of the current month. For real GDP growth, players submit a forecast for current-quarter GDP each month during the current quarter. Forecasts for each of the four variables are scored for accuracy, and a total monthly score is obtained from these scores. Scores for each monthly forecast are based on the magnitude of the forecast error. These monthly scores are weighted over time and accumulated to give an overall performance.

Because we have been dealing with a user who has been harassing the team for the past few weeks, invitation will generally only be given to subscribers with an account age greater than 1 year; but exceptions may be made subject to mod discretion.

If you wish to join the league and test your forecasting skills against the rest of us, please reach out to modmail expressing your interest in participating. Assuming you are approved to join by the mods, you will be provided an invite code to join.

Additional Info

• First round of forecasts are due September 20th.
• This league will continue indefinitely and new forecasts will be due each month.
• I will post the monthly leaderboard in the subreddit (so if you want credit on this sub, make sure to keep your username the same as your reddit name).
• There might be some user flairs up for grabs for getting the best monthly results, but this is not yet confirmed.

Cheers and good luck forecasting!