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rjdverse · Jun 21, 2024 · 4abafa6 · 4abafa6
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 Nowcasting is often defined as the prediction of the present, the very near future and the very recent past. 
 
-rjd3nowcasting provides helps to operationalize the process of nowcasting. This first version can be used to specify and estimate dynamic factor models. 
-A later version is expected to include the concept of "news" similar to the [Nowcasting plugin](https://github.com/nbbrd/jdemetra-nowcasting/tree/master) 
-for the Graphical User Interface of JDemetra+ v2.
+rjd3nowcasting provides helps to operationalize the process of nowcasting. It can be used to specify and estimate Dynamic Factor Models. 
+Recent version of the package also includes news analysis. The way the package was conceived is inspired by the [GUI add-in](https://github.com/nbbrd/jdemetra-nowcasting) developed for JDemetra+ V2.
 
 ## Installation