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

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How about

"Nowcasting" 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.

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  • $\begingroup$ This is what I was looking for. Do you know of any other references with particular emphasis on links to data science? $\endgroup$
    – apkg
    Jul 13 at 19:49
  • $\begingroup$ @apkg Data science is a very broad category. You could try searching google scholar with some clever (and narrow) keywords. $\endgroup$
    – Giskard
    Jul 13 at 20:08
  • $\begingroup$ Ok thank you, I will investigate. $\endgroup$
    – apkg
    Jul 14 at 18:26

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