Growth is one of the most important drivers of asset returns. An accurate and timely read of unfolding conditions is critical to investment success. The Augur Labs Timely Underlying Growth Nowcast is an alternative, big-data-driven measure of economic activities; it uncovers the true underlying strength of the economy in a timely fashion.

Global Growth Nowcast as of 8/19/2022
Underlying Growth 1m Change 3m Change 1m History
World 2.8% -0.1% 1.1% 2.867, 2.784, 2.807, 2.767, 2.618, 2.632, 2.682, 2.624, 2.664, 2.661, 2.814, 2.794, 2.789, 2.771, 2.84, 2.763, 2.721, 2.732, 2.743, 2.827, 2.803
Developed World 0.2% -0.0% -1.3% 0.091, -0.045, -0.002, -0.122, -0.445, -0.24, -0.166, -0.183, -0.142, -0.139, 0.111, 0.096, 0.082, 0.079, 0.073, 0.022, -0.037, 0.022, 0.044, 0.248, 0.24
United States 0.4% 0.8% -1.3% -0.68, -0.8, -0.678, -0.833, -1.315, -1.261, -0.962, -0.96, -0.859, -0.854, -0.078, -0.082, -0.077, -0.079, -0.076, -0.052, -0.318, -0.106, -0.08, 0.392, 0.398
DW ex US 0.1% -0.6% -1.3% 0.66, 0.512, 0.497, 0.403, 0.197, 0.513, 0.421, 0.391, 0.387, 0.387, 0.251, 0.228, 0.2, 0.195, 0.183, 0.077, 0.17, 0.116, 0.136, 0.141, 0.123
Euro Area -0.0% -1.3% -0.9% 1.159, 0.903, 0.88, 0.696, 0.345, 0.503, 0.34, 0.304, 0.296, 0.299, 0.219, 0.198, 0.152, 0.151, 0.14, 0.049, 0.028, 0.017, 0.024, 0.005, -0.002
Core -0.7% -1.2% -0.6% 0.293, -0.084, -0.11, -0.146, -0.52, -0.393, -0.5, -0.506, -0.43, -0.454, -0.465, -0.495, -0.569, -0.583, -0.601, -0.611, -0.641, -0.657, -0.645, -0.68, -0.691
Germany -2.3% -1.8% -0.2% -0.825, -1.528, -1.566, -1.603, -2.299, -2.028, -2.191, -2.199, -2.042, -2.083, -2.062, -2.1, -2.113, -2.126, -2.139, -2.152, -2.19, -2.219, -2.233, -2.246, -2.26
France 1.0% -0.4% -0.5% 1.309, 1.264, 1.249, 1.206, 1.189, 1.218, 1.179, 1.176, 1.182, 1.177, 1.214, 1.2, 1.006, 1.001, 0.996, 0.992, 0.977, 0.973, 0.968, 0.963, 0.958
Netherlands 0.3% -1.0% -2.3% 1.274, 1.211, 1.19, 1.169, 1.024, 0.909, 0.79, 0.777, 0.765, 0.752, 0.546, 0.498, 0.482, 0.431, 0.415, 0.399, 0.351, 0.335, 0.526, 0.28, 0.263
Belgium 0.8% -0.9% -1.2% 1.693, 1.511, 1.502, 1.492, 1.257, 1.243, 1.216, 1.216, 1.198, 1.199, 1.008, 0.992, 0.986, 0.981, 0.852, 0.847, 0.833, 0.846, 0.841, 0.836, 0.831
Periphery 1.2% -1.5% -1.4% 2.632, 2.581, 2.565, 2.127, 1.818, 2.026, 1.769, 1.682, 1.532, 1.578, 1.381, 1.377, 1.379, 1.4, 1.399, 1.171, 1.166, 1.164, 1.162, 1.172, 1.17
Italy -0.1% -2.3% -2.7% 2.125, 2.051, 2.027, 1.092, 1.146, 1.314, 1.09, 1.07, 0.759, 0.743, 0.253, 0.277, 0.285, 0.293, 0.301, -0.18, -0.157, -0.149, -0.141, -0.134, -0.126
Spain 2.8% -0.9% 0.3% 3.729, 3.698, 3.687, 3.677, 3.057, 3.555, 3.174, 2.945, 2.932, 2.918, 2.965, 2.929, 2.917, 2.905, 2.893, 2.881, 2.845, 2.833, 2.821, 2.842, 2.83
Ireland -1.1% -1.1% -2.8% 0.006, -0.03, -0.042, -0.053, -1.441, -1.487, -1.592, -1.573, -1.586, -0.859, -1.001, -1.03, -0.972, -0.982, -0.992, -1.002, -1.032, -1.059, -1.069, -1.079, -1.089
Portugal 2.1% -0.6% -0.1% 2.698, 2.676, 2.669, 2.662, 2.526, 2.282, 2.26, 2.235, 2.231, 2.227, 2.179, 2.167, 2.137, 2.133, 2.13, 2.126, 2.115, 2.111, 2.107, 2.103, 2.099
Greece 4.0% 0.1% 0.2% 3.898, 3.869, 3.859, 3.849, 3.754, 3.442, 3.158, 3.15, 3.143, 3.135, 3.65, 3.646, 3.645, 4.045, 4.043, 4.041, 4.035, 4.034, 4.032, 4.03, 4.028
Japan -0.7% 1.7% -0.5% -2.427, -2.396, -2.385, -2.375, -2.36, -0.939, -0.962, -0.963, -0.985, -0.986, -1.137, -1.181, -1.196, -1.211, -1.225, -1.24, -0.752, -0.747, -0.652, -0.667, -0.684
United Kingdom 0.5% -1.7% -2.8% 2.009, 1.876, 1.837, 1.821, 1.805, 1.789, 1.744, 1.737, 1.705, 1.759, 1.669, 1.642, 1.633, 1.624, 1.615, 1.053, 1.024, 0.581, 0.574, 0.567, 0.45
Canada -0.4% -1.0% -4.6% 0.541, 0.502, 0.504, 0.496, 0.483, 0.081, 0.239, 0.184, 0.188, 0.071, -0.786, -0.819, -0.83, -0.842, -0.853, -0.765, -0.615, -0.612, -0.616, -0.462, -0.438
Australia 3.3% 0.1% -0.2% 3.241, 3.204, 3.191, 3.179, 3.144, 3.132, 3.012, 3.004, 3.133, 3.146, 3.229, 3.217, 3.249, 3.237, 3.226, 3.214, 3.179, 3.202, 3.19, 3.359, 3.346
Switzerland 0.0% -0.9% -0.8% 0.94, 0.925, 0.92, 0.966, 0.963, 0.504, 0.47, 0.172, 0.174, 0.175, 0.117, 0.274, 0.264, 0.255, 0.245, 0.236, 0.207, 0.197, 0.187, 0.07, 0.044
Sweden 1.8% -1.2% -2.9% 2.952, 2.919, 2.908, 3.077, 2.045, 2.234, 2.234, 2.223, 2.128, 2.117, 2.025, 1.97, 1.951, 1.973, 1.954, 1.935, 1.879, 1.86, 1.841, 1.822, 1.804
Norway 2.4% 0.8% 0.0% 1.602, 1.622, 1.629, 1.636, 1.637, 1.582, 1.604, 1.611, 1.617, 1.623, 1.381, 1.303, 1.31, 1.318, 1.325, 1.333, 2.077, 2.088, 2.099, 2.429, 2.44
New Zealand 0.2% 1.1% -0.6% -0.931, -0.904, -0.895, -0.886, -0.841, -0.912, -0.872, -0.86, -0.455, -0.444, -0.455, -0.425, -0.457, -0.447, -0.388, -0.107, -0.077, -0.067, -0.057, -0.047, 0.178
Emerging Markets 4.9% -0.2% 3.1% 5.173, 5.135, 5.141, 5.167, 5.162, 5.017, 5.047, 4.956, 4.994, 4.987, 5.059, 5.036, 5.037, 5.008, 5.139, 5.04, 5.012, 4.983, 4.985, 4.969, 4.932
China 7.3% -0.5% 9.1% 7.901, 7.905, 7.91, 7.915, 7.92, 7.543, 7.418, 7.403, 7.623, 7.607, 7.667, 7.639, 7.61, 7.582, 7.862, 7.763, 7.46, 7.432, 7.403, 7.374, 7.345
EM ex China 3.4% -0.0% -0.8% 3.41, 3.344, 3.351, 3.391, 3.38, 3.385, 3.514, 3.375, 3.295, 3.294, 3.374, 3.354, 3.375, 3.345, 3.379, 3.279, 3.429, 3.401, 3.423, 3.415, 3.372
EM Asia ex China 5.2% -0.2% -1.4% 5.39, 5.274, 5.287, 5.258, 5.231, 5.146, 5.459, 5.25, 5.145, 5.158, 4.784, 4.786, 4.812, 4.806, 4.865, 4.959, 5.25, 5.207, 5.264, 5.258, 5.188
India 6.8% -0.8% -2.4% 7.62, 7.622, 7.622, 7.623, 7.623, 7.509, 7.946, 7.164, 6.932, 6.918, 6.883, 6.828, 6.81, 6.792, 6.773, 6.943, 6.889, 6.87, 6.852, 6.834, 6.816
South Korea 1.1% 0.8% -1.5% 0.265, 0.181, 0.497, -0.306, -0.438, -0.337, 0.87, 0.899, 0.928, 0.957, 0.91, 0.951, 0.964, 0.937, 0.951, 0.965, 1.005, 1.019, 1.033, 1.046, 1.06
Indonesia 5.1% 1.1% -1.5% 4.009, 3.906, 3.871, 3.837, 3.802, 3.767, 3.837, 3.924, 4.012, 4.099, 2.91, 3.094, 3.092, 3.138, 3.485, 3.527, 5.314, 5.102, 5.115, 5.129, 5.142
Taiwan 0.0% -1.7% -2.6% 1.686, 1.673, 1.722, 1.561, 1.602, 1.474, 0.916, 0.951, 0.986, 1.02, -0.104, -0.088, -0.068, -0.048, -0.029, -0.095, -0.035, -0.015, 0.005, 0.025, 0.044
Thailand 4.8% 2.4% 2.4% 2.453, 1.32, 1.34, 2.672, 2.671, 2.671, 2.817, 4.913, 4.885, 4.857, 4.835, 4.752, 4.724, 4.697, 4.687, 4.659, 4.926, 4.897, 4.868, 4.839, 4.81
Malaysia 7.7% -1.7% 0.9% 9.257, 8.918, 8.722, 8.527, 8.331, 8.136, 7.777, 7.808, 7.839, 7.871, 7.902, 7.997, 8.453, 8.494, 8.536, 8.843, 8.966, 9.007, 9.048, 9.088, 7.73
Philippines 5.6% 0.5% -0.3% 5.077, 5.094, 5.099, 5.104, 5.11, 5.115, 4.971, 4.979, 4.987, 4.994, 5.002, 5.025, 5.521, 5.524, 5.528, 5.532, 5.544, 5.548, 5.552, 5.556, 5.56
Singapore 5.0% -0.5% 1.1% 5.464, 5.434, 4.991, 4.993, 4.996, 4.213, 4.243, 3.75, 3.787, 3.79, 3.138, 3.121, 3.115, 3.109, 3.386, 3.379, 3.357, 3.349, 5.002, 4.999, 4.996
Hong Kong 2.7% -5.0% -0.3% 7.685, 7.662, 7.655, 7.647, 7.64, 7.633, 8.113, 8.131, 7.212, 7.175, 3.983, 3.595, 3.12, 2.993, 2.867, 2.887, 2.504, 2.377, 2.935, 2.809, 2.684
Latin America 2.7% -0.8% -2.1% 3.424, 3.245, 3.184, 3.344, 3.312, 3.257, 3.395, 3.23, 3.039, 2.958, 3.366, 3.215, 3.239, 2.974, 3.01, 2.969, 2.863, 2.823, 2.782, 2.741, 2.686
Brazil 4.5% -1.6% -0.1% 6.085, 6.094, 6.095, 6.096, 6.2, 6.201, 6.098, 5.768, 5.243, 5.227, 5.106, 4.979, 4.937, 4.444, 4.611, 4.591, 4.565, 4.545, 4.524, 4.504, 4.484
Mexico -0.5% -0.4% -5.2% -0.304, -0.69, -0.818, -0.362, -0.543, -0.658, -0.098, -0.123, -0.148, -0.34, 0.676, 0.431, 0.349, 0.268, 0.155, 0.075, -0.167, -0.247, -0.328, -0.408, -0.529
Argentina 5.1% 0.6% -0.9% 4.392, 4.138, 4.047, 3.963, 3.879, 3.794, 3.632, 3.639, 4.085, 4.082, 4.636, 4.647, 5.143, 5.137, 5.132, 5.127, 5.112, 5.107, 5.102, 5.097, 5.092
EM Europe -0.1% 0.9% 1.9% -0.912, -0.782, -0.734, -0.627, -0.584, -0.38, -0.66, -0.631, -0.573, -0.545, 0.299, 0.324, 0.334, 0.402, 0.41, -0.191, -0.154, -0.142, -0.144, -0.132, -0.107
Russia -1.3% 3.2% 6.8% -4.427, -4.118, -4.015, -3.793, -3.722, -3.65, -3.813, -3.753, -3.614, -3.555, -0.663, -0.55, -0.513, -0.475, -0.437, -1.631, -1.491, -1.444, -1.398, -1.351, -1.304
Turkey 0.4% -2.4% -4.0% 2.801, 2.6, 2.589, 2.579, 2.569, 3.28, 2.82, 2.815, 2.809, 2.804, 0.52, 0.424, 0.392, 0.581, 0.544, 0.658, 0.536, 0.496, 0.455, 0.415, 0.375
Poland 2.2% -0.9% -1.9% 3.077, 3.183, 3.176, 3.168, 3.119, 3.11, 2.632, 2.628, 2.577, 2.573, 2.512, 2.496, 2.491, 2.486, 2.481, 2.262, 2.246, 2.241, 2.142, 2.137, 2.22
Czech Republic -0.0% -0.1% -2.3% 0.006, 0.283, 0.289, 0.296, 0.303, -0.025, -0.263, -0.261, -0.259, -0.257, -0.229, -0.1, -0.095, -0.09, -0.085, -0.081, -0.067, -0.062, -0.057, -0.052, -0.048
Hungary 3.4% 0.1% -0.5% 3.195, 3.165, 3.154, 3.144, 3.583, 3.585, 3.72, 3.716, 3.668, 3.665, 3.678, 3.401, 3.397, 3.393, 3.388, 3.384, 3.372, 3.368, 3.36, 3.356, 3.352
South Africa 1.8% 0.8% -1.0% 0.975, 0.981, 0.983, 0.986, 0.988, 1.545, 1.48, 1.458, 1.436, 1.463, 1.769, 1.79, 1.797, 2.071, 1.788, 1.791, 1.8, 1.803, 1.749, 1.752, 1.755