A new way to predict investment works better for tech and health companies

A new method for forecasting company investments improves accuracy by almost 5%. It works by first looking at global trends, then applying specific models to different types of companies. This approach is especially effective for tech and health firms.

Predicting how much companies will invest is hard because different industries behave differently. This paper shows that a single model for everyone misses important details. By separating out sectors like tech and health, forecasters can get a much clearer picture of where money is actually going. This could help investors and economists make better decisions about where growth is happening.