Tom, we checked which of the two obvious baseline forecasts would have performed best on average over the whole historical record. (julesandjames.blogspot.ru)
That's part of our baseline forecast, so yes, it's certainly important. (sencanada.ca)
In addition to accepting the 2012 Budget estimate of the fiscal impact of the restraint measures without question, PBO also now incorporates the baseline forecast for «Direct program expenses» provided by the Department of Finance. (3dpolicy.ca)