Nowcasting and the Need for Timely Estimates of Movements in Irish Output

Byrne, David; McQuinn, Kieran; Morley, Ciara; Duffy, David; FitzGerald, John
September 2014
Quarterly Economic Commentary;Autumn2014, p83
Trade Publication
The article examines the use of the nowcasting method in estimating production movements in Ireland. Topics discussed include the features of nowcasting as used in economic analysis, gross domestic product (GDP) growth rates in the country in 2014 and the factors affecting the GDP trends of the country. Also discussed are the factors that are commonly associated with the quarterly estimate of Irish production levels.


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