Stephen Hall is a director of research at the Centre for
Economic Forecasting at the London Business School.
One, additional prudence could have been built into the April 2015 Budget for 2015 - 16, with the result that the fiscal projections for 2015 - 16 were not reflective of
the economic forecast at that time.
This further supports our claim that the April Budget was not reflective of
the economic forecasts at that time and that the Budget included additional prudence.
As a result, the budget surplus for 2015 - 16 was not reflective of
the economic forecast at that time.
Attend the Commercial Committee meeting for updates and initiatives, network and share best practices at the Commercial Leadership Forum, listen to
the economic forecast at the Commercial Economic & Business Trends Forum.
With Alberta's growth currently reported at 6 %, a solid Canadian
economic forecast at 3.7 % growth in 2018, we're running out of reasons why Calgary isn't going to boom in 2018.
NEW ORLEANS (November 7, 2014)-- Existing - home sales are expected to be higher next year and prices will remain at a healthier level of growth that benefits both buyers and sellers, according to
an economic forecast at a residential forum during the 2014 Realtors ® Conference & Expo.
Not exact matches
By educating yourself on the general state of the economy, what decisions are being made
at the national level, and how
economic forecasts might affect your industry, you can put yourself a step ahead of others.
Stephen Innes, head of trading for Asia - Pacific
at futures brokerage Oanda in Singapore said a «beaming
economic forecast along with stout compliance from OPEC (to withhold production) is providing convincing support.»
Analysts
at TD Securities said they expected the statement and updated
economic forecasts from policymakers to take a hawkish tilt that emphasizes every meeting will be «live» for a possible hike.
Economists
at Macroeconomic Advisers boosted their
forecast for fourth - quarter
economic growth by three - tenths of a percentage point to an annualized rate of 2.4 percent, on the «unexpected strength» in consumer spending.
Instead of the usual
economic forecasts, look
at sales figures
at key retailers and public - opinion polls.
China's uneven
economic recovery signals a looming dilemma for policymakers as official data released
at the weekend showed inflation
at a 10 - month high in February while factory output and consumer spending were weaker than
forecast.
The Fed's summary of
economic projections in September
forecasts rates would end 2016
at 1.4 %.
On Wednesday, following two days of talks, the Fed will release updated
economic forecasts, a «dot plot» of the projected path of rates, and a policy statement
at 2 p.m., all capped off by a press conference by Yellen
at 2:30 p.m..
Despite the fact that
economic growth for this year is now
forecast to be substantially lower than that expected
at the time of the April Budget, Mr. Oliver is still confident that the federal government will record a surplus in 2015 - 16.
As expected, the bank held its overnight rate
at 0.5 percent, where it has been since July 2015, even as it trimmed GDP
forecasts, saying downward pressure on inflation will continue while
economic slack persists.
The fund maintained its
forecast of 2012
economic growth
at 3.5 percent, but it cut its
forecast of growth in 2013 to 3.9 percent, down from the estimate of 4.1 percent it made in April.
They include upwards revisions in
economic forecasts, expectation of monetary tightening, rising real and nominal long - term interest rates, fiscal stimulus on a huge scale in a full employment economy, rising protectionism that should choke off import flows, and tax reform directed
at reducing capital outflows and increasing capital inflows.
Four years ago, when I was still chief economist
at CIBC World Markets, I
forecast that global
economic growth was on pace to send oil prices to $ 200 a barrel by 2012.
Despite a weak first quarter, respondents raised their 2018
economic GDP
forecast at 2.8 percent.
At times, the government has taken this into consideration and adjusted the average private sector
economic forecasts, based on the Department of Finance's assessment of future
economic developments.
The outpouring of almost comically muddled explanations of and
forecasts for the Chinese growth miracle has been an especially egregious example of the way well - intentioned
economic analysis has led to, or
at least encouraged, worse outcomes.
Chair Janet Yellen will give a quarterly
economic and interest rate
forecast at a meeting between June 16th and the 17th.
A
forecast of a secular rise in interest rates from current levels implies that US
economic growth will
at least hold
at a moderate pace.
As part of the changes to the budgetary process in 1994, four private sector
forecasting organizations [2] develop detailed fiscal projections on a National Accounts basis, based on the average of the private sector
economic forecasts and the tax and spending policies in place
at the time of the last budget for the next five years.
This seems very counterintuitive
at first, even if the history behind it is quite abundant, and very few economists seem aware of the problem (which is why most
economic forecasts mistakenly focus on the pace with which reforms are likely to be implemented, and are always disappointed), but in fact the reasons are not so hard to understand.
On balance, we do not believe that the November 2012 Update fiscal
forecast was credible and coupled with the slowdown in
economic growth in 2013, the possibility of a balanced budget for 2015 - 16 is seriously
at risk, unless additional significant restraint measures are implemented.
While China's
economic expansion beat analysts»
forecasts in the second quarter, the country's debt levels increased
at an even faster pace.
Economic growth
forecast for 2013 is comparable to that witnessed in 2012 while the incremental impact of restraint measures announced in previous budgets is estimated
at about $ 5 billion, only slightly lower than that estimated for 2012 - 13.
The lending agency kept its
forecast for global
economic growth this year
at 3.9 percent, which would be the fastest pace since 2011.
Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or
at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and
economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure of confidential and personal information; BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to
economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in
forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry.
The
economic research team
at Zillow recently offered a
forecast for the Fremont real estate market in 2017.
The
economic team
at Zillow recently offered a
forecast for the Fresno real estate market in 2017.
The parliamentary budget officer
forecasts the 2014 deficit
at $ 19 billion — after four years of (assumed) steady
economic growth.
Forecasts for expected earnings are typically the most misleading
at economic inflection points.
As usual, I don't place too much emphasis on this sort of
forecast, but to the extent that I make any comments
at all about the outlook for 2006, the bottom line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet
at higher valuations than most bulls have achieved, a flat yield curve with rising interest rate pressures, an extended period of internal divergence as measured by breadth and other market action, and complacency
at best and excessive bullishness
at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe
economic weakness.
The
economic team
at Freddie Mac recently issued a revised mortgage
forecast through the end of this year.
It was while researching recession and its effects for clients, that Collin discovered some books — «The Creature from Jekyll Island: A Second Look
at the Federal Reserve» — by G. Edward Griffin and
economic forecasts — by libertarian author — Ron Paul.
The outcome for 2016 - 17, along with the much stronger than expected
economic growth for 2017, suggests that the deficit outcome for 2017 - 18 could also be much lower than currently
forecast at $ 28.5 billion.
While Budget 2018 - 19 does
forecast a decline in the debt - to - GDP ratio over the next five years, the decline is entirely the result of
economic growth, as government debt will continue to grow for the next five years due to deficit spending though
at least 2022 - 23.
The better - than - expected outcome for 2016 - 17, along with the much stronger than expected
economic growth for 2017, suggests that the deficit outcome for 2017 - 18 could be much lower than currently
forecast at $ 28.5 billion.
Sergei Guriev, a former advisor to the Russian government, told CNBC that, should oil prices stay
at their near - record lows of around $ 82 a barrel, Russia, which is basing its
economic forecasts on a much higher oil price, would face a «serious problem.»
Instead, the government
at that time decided to use the average of private sector
economic forecasts rather than those produced by the Department of Finance even though E&Y had concluded that the Department's
economic forecasts were consistently better than those in the private sector.
Global growth for this year is seen
at 3.4 percent, up from a 3.1 percent
forecast for 2015, but 0.2 percent lower than previously
forecast, the IMF's World
Economic Outlook report said.
But the mixed
economic picture was underlined by the same month's inflation report, showing annual price rises below consensus
forecasts at the headline level and a slight decline in core inflation.
Jennifer Lee, senior economist
at BMO Capital Markets, said the December industrial production report «is consistent with a solid growth story» and supports BMO's
forecast of solid 2.9 % U.S.
economic growth in the fourth quarter of 2017.
At that time, a second adjustment for «
economic prudence» was made to the budget
forecast.
Companies in the benchmark gauge for American equities trade
at 10.2 times 2012
forecast earnings, compared with the average in
economic contractions since 1957 of 13.7, according to data compiled by Bloomberg.
U.S. - traded Chinese companies saw share prices plunge following the 2008 global crisis, while
economic growth
at home, even after a recent decline, is still
forecast at about 8 percent this year.