The Nowcasting Lab

The Nowcasting Lab is an automated code-database-website environment for GDP forecasting. It generates nowcasts and one-quarter ahead forecasts for quarterly GDP growth of currently 17 European countries, the euro area and the USA using several forecasting models and a large amount of data. The projections are updated daily and released on a website together with detailed additional information. Forecast practitioners can use the website as an extended arm for their work. Researchers can use the lab to monitor and test new forecasting models in a live out-of-sample environment. All projections and input data are stored in a daily vintage real-time database which can be used for real-time forecasting studies. The Nowcasting Lab is run by a team of researchers at KOF, ETH Zurich. Project partners/supporters include the Swiss State Secretariat for Economic Affairs SECO, the European Commission, the Portuguese Ministry of Finance, the University of St. Gallen, the University of Manchester, and the Economic and Social Research Institute (ESRI), Ireland. 

Visit the website: https://www.nowcastinglab.org.

Watch a 1-minute teaser video.

Watch a 6-minute tutorial video.

Read a documentation paper.

Check out our blog.

Contact us: mikosch@kof.ethz.ch or nowcastinglab@kof.ethz.ch.