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Home / Columns and Features / Data from ‘high-frequency’ index suggests long road to recovery (access required)

Data from ‘high-frequency’ index suggests long road to recovery (access required)

Traditional economic indicators are hampered by being both “backward looking” and having appreciable time lags. Rapid changes in economic activity during the COVID-19 recession have magnified these shortcomings, necessitating a shift to more “real time” methods of tracking business and consumer behavior. A good example is a heightened focus on weekly initial unemployment insurance claims. Other high-frequency ...
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Traditional economic indicators are hampered by being both “backward looking” and having appreciable time lags. Rapid changes in economic activity ...