Nowcasting Macro

Frequently Asked Questions

How Nowcasting Macro works, and the limits of what it can tell you.

What is Nowcasting Macro?

An economic-intelligence platform that combines quarterly macro forecasts (an ensemble of statistical and machine-learning models) with daily news-sentiment signals, plus analytical layers: macro laws, causal graphs, and a scenario planner.

What is a “nowcast”, and how is it different from a forecast?

Official statistics are published weeks after the quarter they describe. A nowcast is an estimate of the most recent quarter that has ended (or is underway) but isn’t published yet — an estimate of the present. A forecast looks further ahead, to quarters that have not happened.

How accurate are the forecasts?

Each forecast is checked against recent history; we report the typical error (“within ±X”) so you can judge reliability. Accuracy varies by country, indicator and horizon, and past performance does not guarantee future results.

How often is everything updated?

News sentiment refreshes daily; macro forecasts are re-run each quarter as new official data arrives. Because inputs are revised, the numbers you see will change over time.

How does the free trial work?

24 hours of full access — every economy, tab and forecast — with no payment details required. When it ends, you can subscribe from your account page; your login keeps working either way.

How can I check your past accuracy?

The Track Record page shows, per economy and indicator, what we said and what the official figure turned out to be — quarter by quarter, hits and misses alike. Every forecast page also states its typical error (“within ±X”).

Where does the data come from?

Everything is built from publicly available sources. The macroeconomic indicators come from official statistics published by bodies such as the OECD and national statistical offices; the news sentiment is derived from publicly published news articles. We don’t use any private or proprietary data feeds. The forecasts, nowcasts and sentiment scores are our own computations on top of that public data, produced for research and informational purposes only.

Is this investment advice?

No. Nowcasting Macro is an informational and research tool. See the disclaimer below.

Important disclaimers

  • Informational purposes only. Nothing on this platform is investment, financial, legal, tax or trading advice, or a recommendation to buy or sell any asset.
  • Model limitations. Forecasts and nowcasts are produced by statistical models that can be wrong, sometimes materially. They rest on assumptions that may not hold, and cannot anticipate shocks, regime changes or events outside their inputs.
  • Data inaccuracies. Inputs come from third-party official statistics and public news sources, which may contain errors, omissions, mis-classifications and human error. We do not warrant that any figure is accurate, complete or current.
  • Delays in updates. Data and forecasts may be delayed, stale or temporarily unavailable. Sentiment refreshes daily and forecasts each quarter, but timing is not guaranteed.
  • Forecast revisions. Estimates are provisional and are revised as new data arrives; values you see today may change without notice.
  • No liability. To the maximum extent permitted by law, we accept no liability for any loss arising from reliance on the platform. It is provided “as is” without warranties of any kind.

Questions? See the Methodology or our Privacy Policy.

FAQ · Nowcasting Macro