Table 2.

MAEs of the models estimated with an expanding window for successive nowcasting horizons between 2000Q2 and 2018Q4

	RW	2FLM	20FLM	BDT	RF	GBM
First prediction	0.446	0.558	0.376	0.367	0.363	0.391
Second prediction	0.489	0.566	0.366	0.356	0.352	0.374
Third prediction	0.499	0.545	0.367	0.343	0.342	0.363
Fourth prediction	0.389	0.475	0.348	0.321	0.322	0.333
Fifth prediction	0.392	0.425	0.320	0.287	0.284	0.303
Sixth prediction	0.405	0.379	0.287	0.269	0.268	0.286
Average	0.437	0.491	0.344	0.324	0.322	0.342

For abbreviations see Table 1