The MacroBusiness environment in India has become highly dynamic over time. It is influenced by large number of macroeconomic factors. Thus gauging the condition of the business environment from a couple of macroeconomic indicators (like GDP, etc.) may not be sufficient. The degree of consensus drawn from a larger number of domestic and global macroeconomic factors (that influences business) can give a better signal regarding the condition of the business environment.
Macroeconomic-Aggregator© is a quarterly metric to measure the state and outlook of the macroeconomic business environment.
It aggregates the quantitative micro information generated by a host of economic indicators. A dedicated database of more than 120 indicators and a combination of parametric and non-parametric models are used to generate Macroeconomic-Aggregator©.
It aggregates the quantitative micro information generated by a host of economic indicators. A dedicated database of more than 120 indicators and a combination of parametric and non-parametric models are used to generate Macroeconomic-Aggregator©.
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