Nowcasting (economics)
id:
nowcasting-economics-184-7946030
title:
Nowcasting (economics)
text:
Nowcasting in economics is the prediction of the very recent past, the present, and the very near future state of an economic indicator. The term is a portmanteau of "now" and "forecasting" and originates in meteorology. Typical measures used to assess the state of an economy, such as gross domestic product (GDP) or inflation, are only determined after a delay and are subject to revision. In these cases, nowcasting such indicators can provide an estimate of the variables before the true data are
brand slug:
wiki
category slug:
encyclopedia
description:
Type of forecasting
original url:
https://en.wikipedia.org/wiki/Nowcasting_(economics)
date created:
2010-12-19T16:02:03Z
date modified:
2024-09-07T06:05:01Z
main entity:
{"identifier":"Q7066370","url":"https://www.wikidata.org/entity/Q7066370"}
image:
fields total:
13
integrity:
15