The Nowcast (and other thoughts on the economy)
Daniel BachmanInterested in what's going on in the US economy? My Nowcast of the US economy will help you sort out what today's data actually means.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 94 | Subscribers | Read | dbachman.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
The economy enters the fog
After almost three weeks without government data , we are starting to enter the fog. I admit that I had hopes for industrial production, which is published by the Fed. The Fed is self financed and not affected by the shut down. But some of ...
More alternative data
With no new official data to update the model, I’ll continue to look at some alternative data sources.
Looking at alternative data about the US economy
The U.S. government shutdown has stopped the flow of official data. Economic information, it turns out, is not “essential.” Press reports focused on the delay of the employment release (due out on Friday, October 3). For The Nowcast, howeve...
Another trade-led turnaround in the forecast: Now at 3.2% for Q3
The nowcast GDP growth forecast was whipsawed yet again. You can see the forecast history on the PDF attachment; the forecast started at 9.9% (before Q2 data was released), dropped to a still strong 4.6% after Q2 data, then, on the release ...
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Authors
The writers behind this newsletter.
Economist and forecaster. My first job was in a country with an inflation rate of 130%.
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