Data recency refers to the timeliness or freshness of data, specifically in relation to its relevance to current events or situations. It is a measure of how recently the data was collected or updated, and is often used to determine the accuracy and usefulness of information. In today’s fast-paced world, where information is constantly changing, data recency is crucial in ensuring that decisions and actions are based on the most up-to-date and reliable data. It allows businesses, researchers, and individuals to stay informed and make informed decisions in a timely manner.