We believe that a well-informed and well-managed economy generates a wide range of societal benefits, from job creation through to tackling global issues such as climate change.
Fable Data was created from the ambition to provide government, business and academia with access to such real-time quality economic data sets, to inform their vital global decision making.
The next generation of economic statistics
Enabling better outcomes for everyone
For too long, official economic measurements have relied on data sets that are too small, skewed or lagged to enable any meaningful results.
We are helping to establish a new wave of reliable economic indicators based on high-frequency, large-scale quality datasets that are accurate and predictive.
Fable Data in Action 2: Fable Data and the University of Nottingham
Track the Economy is a not-for-profit research institute at the University of Nottingham. They have developed the TE dashboard, which aims to support managerial decision making and policy formulation by providing real-time insights on UK regional economic activity. The aggregated real-time data dashboard includes Fable’s transaction data.
Fable Data in Action 1: Fable Data and the Deutsche Bundesbank
The Bundesbank, the German central bank, is acknowledged as one of the leading financial institutions in the world. The COVID-19 crisis highlighted to the bank that there was a need for economic indicators to be available more quickly. Fable’s data now underpins the Bundesbank’s Weekly Activity Index, providing a timely read on economic activity in Germany.