Internet search data could be a useful source of information for policymakers when formulating decisions based on their understanding of the current economic environment. This paper builds on earlier literature via a structured value assessment of the data provided by Google Trends. This is done...

This paper reviews the performance of several statistical techniques in nowcasting preliminary estimates of UK GDP, particularly during the recent depression. Traditional bridging equations, MIDAS regressions and factor models are all considered. While there are various theoretical differences...