This paper evaluates whether publicly available daily news lead texts help nowcasting Swiss GDP growth. I collect …-based indicators. In a pseudo out-of-sample nowcasting exercise for Swiss GDP growth, the indicator outperforms a monthly Swiss … business cycle indicator if one month of information is available. Improvements in nowcasting accuracy mainly occur in times of …

autoregressive component. First, we compare the forecasting performance of the different MIDAS models in Monte Carlo simulation …

leverage a novel real-time dataset to conduct an out-of-sample forecasting exercise for U.S. real gross domestic product (GDP …). MF-BVARs are shown to provide an attractive alternative to surveys of professional forecasters for forecasting GDP growth …

-real-time forecasting exercise we show that our model outperforms univariate benchmarks, and it does comparably with predictions of market …