About Now-CastReal-time streaming economicsNow-CastN-C_133fe07e-4ff9-11e5-9ef0-8ce634e9c2eeNow-Cast® is a team of Ph.D.s with expertise in finance, economics, econometrics, statistics, mathematics, machine learning and computer science.Lawrence R. KleinOur academic roots trace back to the late great Lawrence R. Klein, who won the Nobel Prize in 1980 for developing computer models to predict the economy. Specifically, our academic tradition is in the vein of Klein & Sojo (1989) and Klein & Park (1993, 1995)._133fe1aa-4ff9-11e5-9ef0-8ce634e9c2eeTo develop a faster, better, and more reliable way to accurately predict the global economy using Big Data, on a live streaming, minute-by-minute basis._133fe25e-4ff9-11e5-9ef0-8ce634e9c2eeAutomationNow-Cast® is a fully automated economic prediction platform that uses machine intelligence to scan the web, news, and social media data for real-time events across the world and instantaneously calculate their impact on the global and local economy.PredictionMachine IntelligenceContinuityWhereas government economic data and traditional economic forecasts are static and measured in discrete intervals with long lags, Now-Cast® LiveWire™ is a live streaming and continuous data flow, with NO publication lags.ImpartialityNow-Cast® is a 100% algorithmic system that fuses computer science with econometrics. Now-Cast® is machine-driven, free from the bias of human judgment. No human economist can react to the ever-changing data landscape as fast as the Now-Cast® system can.AnalysisAnalyze the digital footprints of human behavior found in Big Data for clues about people's investment, consumption, and savings decisions. _133fe2f4-4ff9-11e5-9ef0-8ce634e9c2ee1These Revealed Expectations™ help us predict economic activity in real-time.Economic ImpactsAnalyze Big Data to instantaneously calculate the economic impact of geopolitical events, natural disasters, acts of terrorism, strikes, droughts, financial markets, corporate & consumer activity, trends and social phenomena._133fe38a-4ff9-11e5-9ef0-8ce634e9c2ee1.1Revealed ExpectationsAnalyze Big Data looking for Revealed Expectations™ - clues about people's investment, consumption, and savings decisions that, in aggregate, determine the condition of the economy._133fe42a-4ff9-11e5-9ef0-8ce634e9c2ee1.2Human BehaviorQuantify the digital footprints of human behavior._133fe4c0-4ff9-11e5-9ef0-8ce634e9c2ee1.3The Now-Cast® system quantifies the digital footprints of human behavior by analyzing billions of data points of live web activity on the fly to estimate economic conditions across the globe in real-time, weeks and months ahead of government data reporting lags, with unparalleled accuracy.Economic IndicatorsProduce current and future estimates of key economic indicators._133fe556-4ff9-11e5-9ef0-8ce634e9c2ee2Now-Cast® LiveWire™ utilizes proprietary, patent-pending technology that combines Big Data with data-mining, machine learning, and sophisticated econometrics to produce accurate current and future estimates of key economic indicators such as inflation, unemployment, and GDP, on a LIVE, minute-by minute basis.Current ConditionsShow current economic conditions._133fe5f6-4ff9-11e5-9ef0-8ce634e9c2ee2.1Now-Cast® offers three ways to view current economic conditions:
* LiveWire™ - Minute-by-Minute Streaming Predictions
* Weekly Now-Cast® Predictions
* Monthly Now-Cast® PredictionsFuture ConditionsShow expected future economic conditions._133fe6a0-4ff9-11e5-9ef0-8ce634e9c2ee2.2Now-Cast® also shows expected future economic conditions as a function of the dynamic present:
* Future-Cast™ shows the ripple effect of how present economic conditions or events reverberate into the future. The Dynamic Horizon™ shows the future evolving as a function of a dynamic present.Other ServicesOffer other services for economic analysis._133fe754-4ff9-11e5-9ef0-8ce634e9c2ee2.3In addition, Now-Cast® offers several other services for economic analysis:Historical DataShare historical economic data._133fe808-4ff9-11e5-9ef0-8ce634e9c2ee2.3.1Past-Cast™ brings a wealth of historical economic data to your desktop. Explore hundreds of thousands of time series of official statistics with our expansive and FREE historical data repository.VisualizationsPresent economic conditions in a color-coded framework._133fe89e-4ff9-11e5-9ef0-8ce634e9c2ee2.3.2Economapper™ is our unique visualization tool that presents current and expected future economic conditions in an intuitive, color-coded framework.PredictionsCreate predictions for any time series data._133fe952-4ff9-11e5-9ef0-8ce634e9c2ee2.3.3Customized Nowcast® Predictions are also available. We can create a Nowcast® for any quantity you want to measure, as long that quantity has associated time series data. predict. Contact us for more details at info@now-cast.com.API & CustomizationOffer customized bundles and provide API Access._133fe9f2-4ff9-11e5-9ef0-8ce634e9c2ee2.3.4Customized bundles and API Access are also available.2015-08-31OwenAmburOwen.Ambur@verizon.net