Real-time Macro Factors offering

We design innovative and intelligent indicators to track the economy. Our products are focused on the systematic integration of alternative and traditional data to deliver economic indicators able to track economic conditions in real-time and at higher frequency than conventional measurements. SquareMacro indicators identifies key economic drivers in a actionable and standardised format across countries, customizable regional or thematic aggregations.

At SquareMacro we measure the current state of the economy on continuous basis using the flow of information from a wide range of macroeconomic data releases. In this context, we apply our methodology to a specific set of macroeconomic data although it could be easily generalized to different kinds of fundamental or economic data (traditional, alternative, etc.). ​Based on the type of data processed and the geographic level of aggregation, we provide three distinct products within the Real-time Macro Factors offering:

• Core  Real-time Macro Factors
• Enhanced Real-time Macro Factors
• Localized Real-time Macro Factors

The SquareMacro Core Real-time Macro Factors (C-RTMF) distil a huge cross-section of traditional data in real-time. C-RTMF ingests traditional data, assesses its marginal contribution to defined economic categories and provides a real-time estimate of the underlying driving factor. The C-RTMF are available across most major economies globally.

• The C-RTMF Growth Factor combines all sub-factors and thousands of underlying data releases into a single indicator of the economy.
• Sub-factors analyse different aspects of the economy.
• “Nowcasts” are available for individual economic indicators.
• Factors are customisable by geography and themes for example, by Sovereign Ratings.

The SquareMacro Enhanced Real-time Macro Factors (E-RTMF) integrate clean and meaningful traditional and alternative data. SquareMacro’s proprietary process enables the capture and analysis of highly dimensional alternative data, adjusting for noise, asynchronicity, shorter and varying histories to provide data in an actionable format.

• Derive insights from alternative data in a standardised and actionable format.
• Data captured from various sources, including digital devices, web-based, government and third-party sources.
• Clean and consistent.
• Aligned to meaningful economic categories.

The SquareMacro Localized Real-time Macro Factors (L-RTMF) are offered at city, metropolitan area or local regional levels.
This indicators allow users to track the economic activity in real-time at localized level.

• Localized data sources.
• Sub-factors analyze different aspects of the local economy.
• Factors are customizable by economic and geographic aggregations.