It's been a rough decade
for economic forecasters.
Not exact matches
Most
forecasters update their forecasts on a quarterly basis, following the release of the Canadian
economic accounts by Statistics Canada (first quarter results published in May, second quarterly results in August, third quarter results in November and fourth quarter and preliminary estimate
for year as a whole in February of the following year).
Indeed,
economic forecasters surveyed by the European Central Bank have raised their growth forecasts
for the year as a whole.
Swiss Growth Outlook Is at Risk After Unexpected Decline in GDP: Economy Swiss government officials and
economic forecasters may cut their predictions
for growth this year after gross domestic product unexpectedly fell in the second quarter.
However the Department of Finance interprets the lower deficit outcome
for 2010 - 11, it would not be possible to offset the impact of slower
economic growth now expected
for this year and 2012, by the Bank of Canada, the IMF, the OECD and all private
forecasters.
Chad Moutray is chief economist
for the National Association of Manufacturers (NAM) and the Director of the Center
for Manufacturing Research
for The Manufacturing Institute, where he serves as the NAM's
economic forecaster and spokesperson on
economic issues.
Not only history but also political and
economic circumstances in recent months, and especially current polls
for individual Senate races suggest the Republicans have, according to the main
forecasters, at least a two - thirds chance of achieving a Senate majority.
These findings may help policy - makers and
economic forecasters adjust their predictions
for the total impact of Alzheimer's disease and other conditions.
Apartment building investments are a top choice according to Gary Shilling, one of the world's foremost
economic forecasters, a long - time Forbes columnist, publisher of Insight Newsletter with his editor Fred Rossi, and author of «The Age of Deleveraging,» (http://amzn.to/L9hm7W on Amazon) the perfect playbook
for America's new Age of Austerity.
How do you account in your model
for the findings of multiple researchers that, despite all the work undertaken by those
forecasters, their forecasts are too optimistic (see,
for example, Roy Batchelor's «Bias in macro
economic forecasts,» McKinsey's «Equity Analysts Are Still Too Bullish» — be sure to check out Exhibit 2, which is absolute shocker — and more recently JP Morgan Asset Management's March 2013 chart in my post)?
As one of the country's most accurate
economic forecasters, Smith doesn't have to fight
for the ear of the country's top policy makers and opinion leaders.