QuantCube: Releases Industrial Production Indicator
- QuantCube analyses billions of alternative data points in real-time, using artificial intelligence and big data analytics
- Announced the availability of the Industrial Production Indicator (IPI) nowcast
- The indicator measures year-on-year changes in outputs from the manufacturing, mining, electricity, and gas industries
- This indicator of the health of the economy will give traders and investors crucial insights on a daily basis
- The publication of the Fed’s Industrial Production Index each month has the power to move markets
- Uses a mixed frequency model to analyze and aggregate high-frequency data related to industrial production
