Web-Aggregated Economic Indicators

    Real Time Macroeconomics is a data analytics project that provides real-time, high frequency macroeconomic indicators derived from aggregated online data.

  • About

    Real Time Macroeconomics LLC is a group of economic researchers and statisticians creating new economic indicators using online data such as job openings, layoff announcements and self-reported wages.


    Government economic data has historically been released at a lag of the actual reporting period due to operational issues around collecting offline data primarily through surveys.


    We aim to supplement this government economic data with similar online indicators (which are highly correlated with their government counterparts) and provide such data to financial market participants, economists and policymakers.

  • As seen at:

  • Real-Time Economic Data For Forecasting

    Our data is used in combination with other data sources in proprietary econometric models to forecast macroeconomic releases such as the monthly Bureau of Labor Statistics non-farm payroll (NFP) numbers.

    Real Time Macroeconomic Data Collection

    We scrape online economic data on a daily basis in an attempt to replicate various indicates provided by the Bureau of Labor Statistics.

    BLS Non-Farm Payroll (NFP) Model Forecast

    We provide a monthly forecast of the Bureau of Labor Statistics non-farm payroll (NFP) release to our subscribers.

  • Microdata

    Our data is webscraped at the firm level and then aggregated to create macroeconomic indicators. Granular data and the ability to drill-down into the microdata underlying macroeconomic indicators is one significant advantage of webscraped data over conventional government survey driven indices.

  • Contact

    For inquiries about data, please contact by email at maolson@wharton.upenn.edu.