We present a novel approach to unsupervised information extraction by identifying and extracting relevant concept-value pairs from textual data. The system’s building blocks are domain agnostic, making it universally applicable. In this paper, we describe each component of the system and how it extracts relevant economic information from U.S. Federal Open Market Committee (FOMC) statements. Our methodology achieves an impressive 96% accuracy for identifying relevant information for a set of seven economic indicators: household spending, inflation, unemployment, economic activity, fixed in-vestment, federal funds rate, and labor market.

Tokenization is one of the initial steps done for almost any text processing task. It is not particularly recognized as a challenging task for English monolingual systems but it rapidly increases in complexity for systems that apply it for different languages. This article proposes a supervised learning approach to perform the tokenization task. The method presented in this article is based on character transitions representation, a representation that allows compound expressions to be recognized as a single token. Compound tokens are identified independent of the character that creates the expression. The method automatically learns tokenization rules from a pre-tokenized corpus. The results obtained using the trainable system show that for Romanian and English a statistical significant improvement is obtained over a baseline system that tokenizes texts on every non-alphanumeric character.