State Space Model Estimation The Measurement Matrix for the state space models was constructed using Principal Components Analysis with standardized data from the World Development Indicators . The statistical analysis was conducted in an extension of the dse package . The package is currently supported by an online portal ( here ) and can be downloaded, with the R-programming language, for any personal computer here . Code for the state space Dynamic Component models (DCMs) is available on my Google drive ( here ) and referenced in each post. Atlanta Fed Economy Now My approach to forecasting is similar to the EconomyNow model used by the Atlanta Federal Reserve . Since the new Republican Administration is signaling that they would like to eliminate the Federal Reserve, the app might well not be available in the future. While the app is still available, there have been some interesting development...