The UK recession and
nowcasting GDP growth using statistical models', National Institute Economic Review, 209, pp.
This preliminary
nowcasting product is currently tested by the Boulder NWSFO and results are used for further research.
Keywords:
Nowcasting; real-time; architects; qualitative-to-quantitative conversion; business surveys; housing construction
An area of active research within the international consortium is the development of high-IWC satellite detection and
nowcasting techniques based on available remote sensing technology and numerical weather prediction (NWP) models.
Recall that the T+1 values of the indicator variables are published ahead of the T+1 values for [DELTA][y.sub.T+1] and can therefore be exploited when
nowcasting.
It initially focused on projects internal to ECCC and included testing and demonstration of new observation technology (surface, upper air, and radar), high-resolution meteorological and AQ modeling, point
nowcasting, a prototype forecast production system, and the integration of new health initiatives.
Indeed, there is a burgeoning literature focusing on the
nowcasting of macroeconomic magnitudes and events, the purpose of which is to provide today's decision-makers with the most up-to-date statement on where we currently stand before the data on today's position are released, let alone revised (see Giannone et al., 2004, 2006; Mitchell et al., 2005).
For short-range (0-6 h) forecasts, Sun4Cast leverages several observation-based
nowcasting technologies.
The World Meteorological Organization (WMO) World Weather Research Programme's (WWRP) Forecast and Research in the Olympic Sochi Testbed program (FROST-2014) was aimed at the advancement and demonstration of state-of-the-art
nowcasting and short-range forecasting systems for winter conditions in mountainous terrain.