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.
| Underlying Growth | 1m Change | 3m Change | 1m History | |
|---|---|---|---|---|
| World | 2.1% | -0.6% | -1.2% | 2.547, 2.564, 2.546, 2.56, 2.561, 2.59, 2.52, 2.535, 2.534, 2.531, 2.549, 2.523, 2.525, 2.495, 2.539, 2.478, 2.498, 2.19, 2.047, 2.053, 2.058 |
| Developed World | 0.4% | -0.3% | -0.2% | 0.697, 0.763, 0.741, 0.757, 0.81, 0.814, 0.696, 0.758, 0.762, 0.762, 0.697, 0.662, 0.719, 0.654, 0.761, 0.612, 0.671, 0.36, 0.381, 0.371, 0.373 |
| United States | 0.7% | 0.0% | 0.4% | 0.716, 0.795, 0.808, 0.845, 0.891, 0.904, 0.565, 0.583, 0.578, 0.553, 0.534, 0.532, 0.783, 0.809, 1.082, 1.015, 1.343, 0.811, 0.707, 0.705, 0.703 |
| DW ex US | 0.1% | -0.5% | -0.6% | 0.683, 0.739, 0.692, 0.692, 0.75, 0.748, 0.792, 0.887, 0.897, 0.916, 0.817, 0.758, 0.672, 0.541, 0.524, 0.316, 0.175, 0.027, 0.141, 0.125, 0.129 |
| Euro Area | -0.6% | -0.7% | -1.9% | 0.134, 0.201, 0.193, 0.198, 0.187, 0.178, 0.16, 0.355, 0.366, 0.388, 0.19, 0.097, 0.036, -0.221, -0.237, -0.573, -0.847, -0.85, -0.612, -0.625, -0.606 |
| Core | -1.3% | -0.7% | -2.0% | -0.543, -0.44, -0.436, -0.416, -0.435, -0.432, -0.465, -0.462, -0.454, -0.451, -0.617, -0.736, -0.824, -1.217, -1.238, -1.271, -1.633, -1.6, -1.313, -1.325, -1.301 |
| Germany | -2.7% | -0.9% | -2.3% | -1.65, -1.638, -1.627, -1.594, -1.633, -1.626, -1.618, -1.611, -1.589, -1.582, -1.782, -1.785, -1.949, -2.667, -2.703, -2.74, -3.443, -3.339, -2.706, -2.722, -2.69 |
| France | 0.5% | -0.2% | -1.4% | 0.631, 0.92, 0.902, 0.902, 0.901, 0.901, 0.901, 0.901, 0.901, 0.901, 0.763, 0.558, 0.545, 0.502, 0.505, 0.473, 0.458, 0.443, 0.454, 0.448, 0.473 |
| Netherlands | -1.3% | -1.2% | -3.0% | -0.076, -0.085, -0.096, -0.071, -0.079, -0.088, -0.697, -0.708, -0.738, -0.748, -0.865, -0.88, -0.893, -0.938, -0.954, -0.969, -1.01, -1.097, -1.272, -1.277, -1.282 |
| Belgium | -0.2% | -1.0% | -2.0% | 0.813, 0.821, 0.913, 0.936, 0.943, 0.951, 1.406, 1.412, 1.428, 1.434, 1.292, 0.582, 0.549, 0.175, 0.131, 0.087, -0.065, -0.112, -0.207, -0.216, -0.225 |
| Periphery | 0.6% | -0.7% | -1.6% | 1.286, 1.291, 1.262, 1.24, 1.245, 1.216, 1.221, 1.745, 1.759, 1.816, 1.562, 1.514, 1.497, 1.474, 1.466, 0.614, 0.49, 0.425, 0.581, 0.564, 0.575 |
| Italy | -0.8% | -1.0% | -2.1% | 0.206, 0.219, 0.232, 0.195, 0.21, 0.224, 0.238, 1.373, 1.414, 1.427, 0.924, 0.912, 0.901, 0.868, 0.857, -0.998, -1.043, -1.188, -0.797, -0.805, -0.812 |
| Spain | 1.9% | -0.6% | -1.7% | 2.496, 2.492, 2.369, 2.358, 2.354, 2.351, 2.347, 2.344, 2.333, 2.485, 2.401, 2.272, 2.239, 2.216, 2.209, 2.202, 2.206, 2.205, 1.98, 1.941, 1.937 |
| Ireland | -0.1% | -0.0% | -0.1% | -0.016, -0.013, -0.072, -0.065, -0.063, -0.06, -0.058, -0.055, -0.048, -0.046, 0.064, 0.069, 0.074, 0.088, 0.093, 0.187, -0.637, -0.66, -0.278, -0.28, -0.062 |
| Portugal | 1.5% | -0.6% | -1.0% | 2.115, 2.113, 2.217, 2.212, 2.21, 2.208, 2.207, 2.205, 2.199, 2.198, 2.132, 2.127, 2.122, 2.107, 2.102, 2.098, 1.533, 1.538, 1.545, 1.536, 1.527 |
| Greece | 3.6% | 0.1% | -0.4% | 3.827, 3.82, 3.897, 3.876, 3.869, 3.256, 3.25, 3.244, 3.226, 3.22, 3.271, 3.268, 3.264, 3.255, 3.251, 3.248, 3.212, 3.293, 3.645, 3.643, 3.642 |
| Japan | 1.5% | -0.3% | 4.0% | 1.836, 1.915, 1.918, 1.928, 1.931, 1.939, 2.287, 2.297, 2.327, 2.338, 2.265, 2.271, 2.277, 2.312, 2.319, 2.326, 2.333, 1.586, 1.546, 1.53, 1.522 |
| United Kingdom | -0.2% | -0.2% | -1.7% | 0.053, 0.047, 0.04, -0.016, 0.516, 0.507, 0.499, 0.415, 0.39, 0.382, 0.504, 0.502, 0.077, 0.016, -0.004, -0.025, -0.045, -0.066, -0.143, -0.15, -0.17 |
| Canada | -0.2% | -0.1% | -1.4% | 0.455, 0.472, -0.196, -0.143, -0.126, -0.12, -0.09, -0.108, -0.063, -0.047, 0.002, -0.134, -0.255, -0.164, -0.145, -0.126, -0.048, -0.125, -0.182, -0.188, -0.195 |
| Australia | 3.3% | 0.0% | 0.6% | 3.489, 3.563, 3.559, 3.546, 3.62, 3.617, 3.339, 3.338, 3.333, 3.332, 3.366, 3.367, 3.367, 3.367, 3.368, 3.377, 3.377, 3.377, 3.438, 3.336, 3.336 |
| Switzerland | 1.0% | 0.9% | 0.1% | 0.083, 0.266, 0.263, 0.255, 0.253, 0.332, 0.329, 0.327, 0.319, 0.56, 0.575, 0.577, 0.579, 0.585, 0.587, 0.462, 0.46, 0.668, 0.983, 0.985, 0.987 |
| Sweden | -0.8% | -1.8% | -3.9% | 1.365, 1.354, 1.344, 1.312, 1.301, 1.291, 1.28, 1.27, 1.238, 1.227, 1.262, 1.248, 1.234, 1.192, 0.808, -0.638, -0.7, -0.761, -0.747, -0.76, -0.827 |
| Norway | 1.6% | -0.6% | 0.0% | 2.212, 2.185, 2.159, 2.08, 2.054, 2.028, 2.117, 2.09, 2.01, 1.983, 1.969, 1.95, 1.924, 1.844, 1.818, 1.734, 1.709, 1.685, 1.585, 1.592, 1.599 |
| New Zealand | 0.8% | 0.1% | 1.9% | 0.773, 0.697, 0.722, 0.774, 0.782, 0.79, 0.818, 1.033, 1.057, 1.065, 1.1, 0.916, 0.922, 0.939, 0.944, 0.95, 1.098, 0.965, 0.824, 0.832, 0.839 |
| Emerging Markets | 3.5% | -0.8% | -2.1% | 4.083, 4.061, 4.046, 4.058, 4.015, 4.065, 4.036, 4.01, 4.006, 4.001, 4.088, 4.069, 4.025, 4.023, 4.016, 4.028, 4.016, 3.71, 3.43, 3.45, 3.458 |
| China | 4.1% | -1.8% | -4.7% | 5.517, 5.478, 5.294, 5.255, 5.217, 5.193, 5.155, 5.069, 5.032, 4.994, 5.243, 5.219, 5.101, 5.078, 5.054, 5.031, 5.008, 4.064, 4.071, 4.077, 4.084 |
| EM ex China | 3.1% | -0.2% | -0.5% | 3.156, 3.145, 3.239, 3.283, 3.238, 3.336, 3.313, 3.326, 3.342, 3.359, 3.342, 3.326, 3.33, 3.342, 3.344, 3.38, 3.374, 3.48, 3.016, 3.045, 3.054 |
| EM Asia ex China | 3.7% | -0.6% | -1.7% | 4.057, 4.039, 4.021, 3.988, 3.996, 4.15, 4.049, 4.061, 4.057, 4.075, 4.106, 4.067, 4.068, 3.971, 3.971, 3.966, 3.937, 3.974, 3.621, 3.673, 3.688 |
| India | 4.4% | -0.4% | -2.8% | 4.801, 4.79, 4.779, 4.705, 4.696, 5.015, 5.008, 5.001, 4.98, 4.973, 5.081, 5.08, 5.079, 5.074, 5.073, 5.071, 5.07, 5.064, 4.415, 4.426, 4.436 |
| South Korea | 1.5% | -0.2% | 0.6% | 1.73, 1.727, 1.725, 1.718, 1.716, 1.714, 1.712, 2.178, 2.157, 2.151, 2.508, 2.518, 2.529, 2.561, 2.666, 2.68, 2.478, 2.356, 1.623, 1.546, 1.546 |
| Indonesia | 5.5% | -0.2% | -0.0% | 5.747, 5.751, 5.74, 5.81, 5.866, 5.889, 5.388, 5.418, 5.507, 5.537, 5.181, 5.193, 5.204, 5.239, 5.251, 5.262, 5.274, 5.285, 5.472, 5.487, 5.502 |
| Taiwan | -4.9% | -5.1% | -5.9% | -4.354, -4.353, -4.351, -4.347, -4.345, -4.344, -4.342, -4.34, -4.336, -4.437, -4.893, -4.836, -4.741, -4.836, -4.966, -5.002, -5.038, -5.073, -5.037, -4.946, -4.855 |
| Thailand | 3.3% | 0.6% | 0.9% | 2.719, 2.722, 2.725, 2.734, 2.843, 2.845, 2.847, 2.848, 2.853, 2.854, 2.856, 2.65, 2.655, 1.416, 1.442, 1.467, 1.493, 2.421, 2.566, 3.283, 3.276 |
| Malaysia | 5.2% | -2.5% | -1.6% | 7.58, 7.504, 7.162, 6.916, 6.834, 6.752, 6.67, 6.588, 6.343, 6.846, 6.739, 6.079, 5.935, 5.502, 5.358, 5.214, 5.07, 4.926, 5.059, 5.107, 5.154 |
| Philippines | 5.5% | -0.1% | 0.7% | 5.623, 5.407, 5.407, 5.406, 5.406, 5.551, 5.547, 5.543, 5.53, 5.526, 5.522, 5.518, 5.514, 5.501, 5.497, 5.493, 5.489, 5.484, 5.546, 5.547, 5.547 |
| Singapore | 3.0% | -1.4% | -3.6% | 4.356, 4.362, 4.367, 4.384, 4.389, 4.427, 4.432, 3.055, 3.063, 3.066, 3.041, 3.043, 3.044, 3.13, 3.129, 3.129, 3.128, 3.127, 2.931, 2.946, 2.956 |
| Hong Kong | 3.7% | 0.2% | -1.9% | 3.492, 3.482, 3.699, 3.664, 3.653, 3.761, 3.225, 3.215, 3.403, 3.392, 4.781, 4.766, 4.751, 4.707, 4.692, 4.677, 4.662, 4.706, 3.758, 3.749, 3.739 |
| Latin America | 2.1% | 0.1% | -2.8% | 2.039, 2.036, 2.082, 2.071, 2.068, 2.108, 2.256, 2.265, 2.291, 2.291, 2.059, 2.058, 2.057, 2.366, 2.359, 2.367, 2.385, 2.393, 2.103, 2.104, 2.105 |
| Brazil | 5.1% | 0.6% | -1.4% | 4.463, 4.44, 4.441, 4.372, 4.349, 4.419, 4.717, 4.72, 4.73, 4.733, 4.893, 4.904, 4.915, 5.515, 5.511, 5.544, 5.596, 5.628, 5.133, 5.127, 5.121 |
| Mexico | -0.5% | 0.1% | -2.8% | -0.549, -0.554, -0.459, -0.48, -0.488, -0.495, -0.502, -0.509, -0.53, -0.537, -0.345, -0.346, -0.348, -0.352, -0.364, -0.366, -0.368, -0.371, -0.558, -0.551, -0.544 |
| Argentina | -0.8% | -1.5% | -7.3% | 0.884, 0.95, 1.016, 1.213, 1.278, 1.344, 1.41, 1.475, 1.672, 1.683, -0.867, -0.902, -0.936, -0.764, -0.767, -0.81, -0.853, -0.896, -0.793, -0.785, -0.777 |
| EM Europe | 2.6% | 0.6% | 4.1% | 2.077, 2.098, 2.492, 2.763, 2.554, 2.583, 2.602, 2.622, 2.681, 2.708, 2.796, 2.821, 2.836, 2.878, 2.895, 3.051, 3.085, 3.48, 2.607, 2.609, 2.611 |
| Russia | 2.6% | 0.0% | 7.3% | 2.624, 2.644, 3.41, 3.453, 3.468, 3.483, 3.497, 3.512, 3.555, 3.57, 3.881, 3.893, 3.905, 3.94, 3.952, 4.242, 4.267, 4.291, 2.62, 2.614, 2.606 |
| Turkey | 3.7% | 2.1% | 2.6% | 1.585, 1.62, 1.655, 2.596, 1.821, 1.865, 1.91, 1.954, 2.086, 2.131, 1.99, 2.084, 2.123, 2.276, 2.323, 2.37, 2.418, 3.884, 3.651, 3.672, 3.693 |
| Poland | 1.9% | 0.2% | -1.1% | 1.73, 1.73, 1.73, 1.73, 1.634, 1.695, 1.694, 1.694, 1.692, 1.745, 1.635, 1.63, 1.624, 1.608, 1.602, 1.596, 1.577, 1.571, 1.904, 1.905, 1.907 |
| Czech Republic | -0.3% | -0.4% | -0.4% | 0.048, 0.065, 0.082, 0.132, 0.149, 0.165, 0.182, 0.199, 0.249, 0.266, 0.147, 0.15, 0.152, -0.07, -0.077, -0.083, -0.09, -0.096, -0.301, -0.301, -0.301 |
| Hungary | 1.9% | -0.5% | -1.5% | 2.357, 2.382, 2.382, 2.38, 2.38, 2.379, 2.379, 2.378, 2.377, 2.376, 2.112, 1.995, 1.982, 1.942, 1.928, 1.915, 2.23, 2.228, 1.878, 1.871, 1.864 |
| South Africa | 0.1% | -1.8% | -1.5% | 1.864, 1.622, 1.62, 1.615, 1.647, 1.614, 1.612, 1.611, 1.605, 1.604, 1.094, 1.068, 1.042, 0.965, 0.939, 0.913, 0.887, 0.376, 0.105, 0.105, 0.104 |