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New York Fed Staff Nowcast Model

Time Series Analysis Team, Federal Reserve Bank of New York

To make it easier for users to better understand and replicate our results, we provide MATLAB code and a snapshot of the data sets used for the model. Please refer to the following report for Technical details on the code: https://www.newyorkfed.org/medialibrary/media/research/blog/2023/NYFed-Staff-Nowcast_technical-paper). For FAQ about the Nowcast, please refer to: https://www.newyorkfed.org/research/policy/nowcast#/faq

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The New York Fed Staff Nowcast model produces a “nowcast” of real GDP growth, incorporating a wide range of macroeconomic data as they become available.

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