GDP forecast based on semantic business cycle identification - release: 2014-11-12

     
    Table: Swiss real gross domestic product with forecast
 
Date
Year-to-year growth (%) of Swiss real gross domestic product (GDP)
 
forecast
standard error
seco estimates*
2014(1)
2.89
-
2.0
2.4
2014(2)
-
-
1.4
2014(3)
0.46
-
-
 

Sources: Own calculations, forecast for 2014(3), fitted values otherwise, *seco releases (left: May 27, 2014, right: September 30, 2014). Growth rates are not comparable due to revision of the system of national accounts statistics in September 2014.

Sample: 2000 (2) - 2014 (2), Forecast: 2014 (3)

Note: Forecasts obtained by best nowcasting model.

   
   
   
  Figure: Business cycle indicator based on semantic identification in comparison to real GDP: Ex-ante forecast properties
 

forecast

 

«home   Forthcoming: «KOF surprise indicator's» as a means of temporal disaggregation. Testing temporal disaggregation accepted for publication in the Journal of Economics and Statistics. Read the working paper version here»
     
   
NOTES  
Previous update
Standard error of regression*
0.709
Literature
Business cycle data Ask for your personal copy.
History
 
 
 
  Complete release history
  First release
Next release 2015-02-11
    *Standard error of regression refers to baseline model published in the first release.
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