Covid-19 briefing: tracking economic variables in real time

Joel Mundy

During the current pandemic, economic variables have moved quickly and by large magnitudes. Given the publication lags for official data this has led to a greater emphasis on higher-frequency and/or more timely measures to track the economic impact of the pandemic and gauge the state of the economy in real time. This post looks at the emerging body of work in this area, with a particular focus on real-time measures of consumer expenditure and activity in the labour market.

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