Sentences with word «nowcast»

The New York Fed started publishing its own nowcast of GDP in April last year.
Microwave data are now available to meteorological centres where they are assimilated in NWP models and also used for nowcasting.
Naval Research Laboratory (Posey et al), 4.9 - + 0.7, Model The Arctic Cap Nowcast Forecast System (ACNFS) was run in forward model mode, without assimilation, initialized with a May 1, 2013 analysis, for ten simulations using archived Navy atmospheric forcing fields from 2003 - 2012.
All coastal storms like this are very tough because you have to do very short - term forecasting called nowcasting as they're developing.
Includes every feature in the Preferred package plus features for more advanced pilots or longer flights including extended forecasts; 6 levels of graphical turbulence and Icing NOWcast.
They are in truth nowcasts rather than forecasts, but we are in effect treating them as forecasts.
Pretty much everyone who has an interest in the economic outlook is dabbling with nowcasting, crafting models that revise their forecasts the moment relevant data are released.
When the «outstanding» November GDP number was released on January 31, the IFSD nowcast for fourth - quarter GDP was revised to 1.8 %.
(In April 2016, a couple of researchers at the Federal Reserve Board published a paper on nowcasting Canadian GDP, concluding that a model with U.S. indicators was more accurate that one without.)
A new buzz - word is the concept of «seamless prediction», in which predictions ranging from nowcasting all the way to future scenarios are provided with a sliding time scale and that doesn't make distinction of incremental types such as «weather forecasts» «seasonal predictions» and «climate scenarios».
NOAA's Coral Reef Watch (CRW) developed and maintains a suite of operational satellite sea surface temperature (SST)- based products that provide coral bleaching nowcasts and alerts [10].
Field surveys of bleaching and mortality exceeded prior efforts in detail and extent, and provided a new standard for documenting the effects of bleaching and for testing nowcast and forecast products.
A Continuous Gap - free Satellite - derived Desert Dust Aerosol Dataset for Solar Energy Nowcasting Purposes
Hotel capital markets are beginning to grapple with this new paradigm, as deal volume has fallen amid widening bid / ask spreads, pricing has fallen from its peak according to the Ten - X Hospitality Nowcast, and cap rates have risen modestly from their lows.
The Ten - X Commercial Real Estate Nowcast posted its eight consecutive month of contraction, with pricing just 1 percent higher than a year ago.
In addition to Seibold, collaborators include the University of Arizona, which has an autonomous vehicle test bed; University of Illinois at Urbana - Champaign, which will contribute expertise in forecasting and nowcasting of traffic flow; and Rutgers University - Camden, which will bring experience in different types of traffic modeling.
Nowcasting models sometimes fail to adjust for «special factors» or other events that are out of line with the historical readings on which the models are based, she said.
Naval Research Laboratory, Arctic Cap Nowcast Forecast System [NRL ACNFS], 4.1 (± 0.4), Modeling The ACNFS was run in forward mode without assimilation, initialized with a July 1, 2014 analysis, for ten simulations using archived Navy atmospheric forcing fields from 2004 - 2013.
The Arctic Cap Nowcast Forecast System (ACNFS) was run in forward model mode, without assimilation, initialized with a June 1, 2013 analysis, for eight simulations using archived Navy atmospheric forcing fields from 2005 - 2012.
The Ten - X Commercial Real Estate Nowcast has been signally pricing weakness for much of 2017.
«After yesterday's Consumer Price Index release from the US Bureau of Labor Statistics and this morning's retail sales report from the US Census Bureau, the nowcast of first - quarter real personal consumption expenditures growth fell from 2.2 % to 1.4 %,» the Atlanta Fed said.
The Bank of Canada doesn't publish its nowcast.
But nowcasts might offer a check on the work of Bay Street and Wall Street economists; Bartlett said research suggests nowcasting produces better predictions than calculating the consensus view of private - sector analysts.
«Nowcasting models are useful for summarizing large amounts of high - frequency data,» Ménard said.
If you haven't heard of it, nowcasting is exactly what the name suggests.
The Federal Reserve Bank of Atlanta has been producing a nowcast of U.S. economic growth called GDPNow since 2011.
The institute recently began publishing what amounts to the first «nowcast» of Canadian GDP that is readily available for public consumption.
«We would welcome others to publish their nowcasts,» said Bartlett.
Some banks release their nowcasts, but irregularly.
If that is true, imagine how useful a consensus of nowcasts could be?
But if there's a grain of truth in the nowcasts, there's a reasonable possibility that inflation will remain at the Fed's target or move higher in the months ahead.
The Inflation GPS, developed with BlackRock's Scientific Active Equity team, incorporates big data on price trends and a daily - updated «nowcast» of inflation - related statistics to give a read on where core inflation is headed in major economies.
The Inflation GPS helped anticipate the quick inflation recovery that took root in late 2016, led by the text mining mentions on prices and the nowcast's inputs from Purchasing Managers Index business surveys on prices.
On cue, JP Morgan's instant «Nowcast» tracker of world growth has dropped from 4 per cent to 3.2 per cent since the start of the year, far below estimates of the International Monetary Fund.
The average «Nowcast» tracker of global growth has slid suddenly to a quarterly rate of 3.2 pc from 4.1 pc as recently as early February.
Our new BlackRock Macro GPS «nowcasting» indicator suggests Brexit - related uncertainty has already started to negatively impact U.K. and global economic growth.
«Nowcasting» models for estimating GDP generally use traditional macroeconomic data.
We now publish an updated «nowcast» to reflect the latest BES data and the most recent opinion polls.
By Ed Fieldhouse and Jon Mellon In March we blogged the British Election Study «nowcast» based on preliminary data from Wave 4.
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