Abstract
Nowcasting refers to generating estimates of the current (“now”) state of the economy. It involves combining and using information released at a high frequency to estimate what a variable of interest that is available at a lower frequency might be doing in real-time.
In collaboration with the Alan Turing Institute, the Office for National Statistics Data Science Campus has released a research paper, a technical report, and an open-source code repository that showcase cutting-edge progress in Nowcasting.
Additional information
Access the outputs here: