Credit: https://www.oecd.org/economy/weekly-tracker-of-gdp-growth/
Credit: https://www.oecd.org
Innovative OECD Weekly Tracker Trending globally, this tool leverages machine learning and Google Trends data to provide real-time economic activity indicators for OECD and G20 nations
Credit: https://www.oecd.org/economy/weekly-tracker-of-gdp-growth/
Credit: https://www.oecd.org
Dynamic Indicator for Rapid Changes Tailored for assessing rapidly changing economic activity, the tracker utilizes machine learning models and Google Trends data for 46 countries, covering consumption, labor markets, housing, trade, industrial activity, and economic uncertainty
Credit: https://www.oecd.org/economy/weekly-tracker-of-gdp-growth/
Credit: https://www.oecd.org
Two Series for Comprehensive Insights The GDP growth Tracker (yoy) offers weekly GDP estimates relative to the previous year, while the GDP level Tracker provides estimates relative to 2019 Q4, each with its 95% confidence intervals
Credit: https://www.oecd.org/economy/weekly-tracker-of-gdp-growth/
Credit: https://www.oecd.org
Notable Confidence Intervals While not official forecasts, the tracker's confidence intervals contribute to the OECD's forecast process, aiding in understanding the current state of the economy
Credit: https://www.oecd.org/economy/weekly-tracker-of-gdp-growth/
Credit: https://www.oecd.org
Tracker's Role in OECD Forecasting The Weekly Tracker is a vital component in the OECD forecast process, contributing to a nuanced understanding of economic trends and conditions
Credit: https://www.oecd.org/economy/weekly-tracker-of-gdp-growth/
Credit: https://www.oecd.org
Post-COVID Adaptations Currently under revision, the OECD is updating the Tracker to stay relevant in the post-COVID world. This involves improvements in data, software, and methods
Credit: https://www.oecd.org/economy/weekly-tracker-of-gdp-growth/
Credit: https://www.oecd.org
Temporary Data Pause During the review, new data won't be published, ensuring accuracy and reliability in the updated Tracker
Credit: https://www.oecd.org/economy/weekly-tracker-of-gdp-growth/
Credit: https://www.oecd.org
Tool for Economists and Policymakers The OECD Weekly Tracker is an essential resource, offering a powerful lens into global economic dynamics for economists, policymakers, and the wider public
Credit: https://www.oecd.org/economy/weekly-tracker-of-gdp-growth/
Credit: https://www.oecd.org
Stay Informed on Global Economy As a dynamic and evolving tool, the Tracker is your key to staying informed about the pulse of the global economy in real-time
Credit: https://www.oecd.org/economy/weekly-tracker-of-gdp-growth/
Credit: https://www.oecd.org