Where Are We Now ? Real-Time Estimates of the Macroeconomy ∗

  title={Where Are We Now ? Real-Time Estimates of the Macroeconomy ∗},
  author={Martin D. D. Evans},
This paper describes a method for calculating daily real-time estimates of the current state of the U.S. economy. The estimates are computed from data on scheduled U.S. macroeconomic announcements using an econometric model that allows for variable reporting lags, temporal aggregation, and other complications in the data. The model can be applied to …nd real-time estimates of GDP, in‡ation, unemployment or any other macroeconomic variable of interest. In this paper I focus on the problem of… CONTINUE READING
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