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 10/5/2022
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