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Tracking the Economic Impact of the Pandemic Using High-Frequency Data
Many of the key indicators used to measure regional economic conditions are released monthly or quarterly, making them potentially appear outdated by the time they’re available. A Regional Economist article recently explored the increasing use of high-frequency data, which can provide economic insights in real time. Regional Economist Charles Gascon and Research Intern Amelia Schmitz gave several examples of data sources that can provide a quick snapshot of economic activity. Their article focuses on data in the labor market, consumer spending and residential real estate during the coronavirus pandemic. “As ... (full story)