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https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

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Timely information about the state of regional economies can be essential forplanning, implementing and evaluating locally targeted economic policies.However, European regional accounts for output are published at an annualfrequency and with a two-year delay. To obtain robust and more timely measuresin a computationally efficient manner, we propose a mixed-frequency dynamicfactor model that accounts for national information to produce high-frequencyestimates of the regional gross value added (GVA). We show that our modelproduces reliable nowcasts of GVA in 162 regions across 12 European countries.

Nowcasting economic activity in European regions using a mixed-frequency dynamic factor model