<p>How about</p>
<p>&quot;<a href="https://ideas.repec.org/p/eca/wpaper/2013-57648.html" rel="nofollow noreferrer">Nowcasting</a>&quot; by Banbura, Marta; Giannone, Domenico; Reichlin, Lucrezia (2010).</p>
<p>Main body is 22 pages long. From the introduction of the paper:</p>
<blockquote>
<p>Economists have imperfect knowledge of the present state of the economy and even of the
recent past. Many key statistics are released with a long delay and they are subsequently
revised. As a consequence, unlike weather forecasters, who know what is the weather today
and only have to predict the weather tomorrow, economists have to forecast the present and
even the recent past. The problem of predicting the present, the very near future and the very
recent past is labelled as nowcasting and is the subject of this paper.</p>
</blockquote>

CC BY-SA 4.0
2021-07-13T19:49:06.877Z
This is what I was looking for. Do you know of any other references with particular emphasis on links to data science?
apg
CC BY-SA 4.0
2021-07-13T20:08:21.533Z
@apkg Data science is a very broad category. You could try searching google scholar with some clever (and narrow) keywords.
Giskard
CC BY-SA 4.0
2021-07-14T18:26:10.713Z
Ok thank you, I will investigate.
apg
CC BY-SA 4.0
2021-07-13T13:44:08.623Z
2021-07-13T13:44:08.623Z
Giskard
<p>I am looking for a short review article on &quot;economic nowcasting&quot;. Is there something recommended for someone interested in data science?</p>

<reference-request><forecasting><prediction>
What is economic nowcasting?
apg
# What is economic nowcasting?

(Asked by: username_0 on 2021-07-13)

I am looking for a short review article on "economic nowcasting". Is there something recommended for someone interested in data science?

**Tags:** reference-request, forecasting, prediction


---

## 1 answers

### Answer by username_1 on 2021-07-13. Score: 3 | Accepted answer

How about

"[Nowcasting](https://ideas.repec.org/p/eca/wpaper/2013-57648.html)" by Banbura, Marta; Giannone, Domenico; Reichlin, Lucrezia (2010).

Main body is 22 pages long. From the introduction of the paper:

> Economists have imperfect knowledge of the present state of the economy and even of the
> recent past. Many key statistics are released with a long delay and they are subsequently
> revised. As a consequence, unlike weather forecasters, who know what is the weather today
> and only have to predict the weather tomorrow, economists have to forecast the present and
> even the recent past. The problem of predicting the present, the very near future and the very
> recent past is labelled as nowcasting and is the subject of this paper.

> **Comments:**
> **username_0**: This is what I was looking for. Do you know of any other references with particular emphasis on links to data science?  
> **username_1**: @apkg Data science is a very broad category. You could try searching google scholar with some clever (and narrow) keywords.  
> **username_0**: Ok thank you, I will investigate.  

---

