Gauging economic conditions in real time is challenging, in part because economic data are difficult to measure and subject to subsequent revision as more information becomes available. This article investigates the pattern and size of revisions to real gross domestic product (GDP) over the past...

Business investment is a key driver of economic growth and is currently around record highs in Australia as a share of GDP. In compiling forecasts for business investment, the Reserve Bank uses a variety of different indicators, including information from liaison as well as survey measures of...

There is a rich array of timely high-frequency electronic data that potentially is informative about current economic conditions. In particular, data on electronic transactions and internet searches can be useful complements to more standard indicators of economic activity. While a limited...

In this paper we examine the information content of business survey information, focusing in particular on some of the characteristics of the net balance statistic. A number of Australian business surveys are appraised. Four aspects are examined: the extent to which surveys are correlated with...