nowcasting

Blend of now +‎ forecasting

nowcasting (uncountable)

1. (meteorology) The use or production of nowcasts.
   • 2020 September 9, “Network News: RAIB: 'washout of material' caused Carmont derailment”, in Rail, pages 8–9:

     Spence said: "We have a weather provider, MetDesk, which gives us real-time information - radar analysis of what rain is falling. It's called nowcasting rather than forecasting, with refresh rates every five minutes.

2. (statistics) The use of mathematical models of a current situation that include adjustments to imperfect data.

nowcasting

1. present participle and gerund of nowcast