The July Outlook for arctic sea ice extent in September 2010 shows some notable adjustments from the June Outlook, with both downward and
upward revisions from last month.
The findings suggest a moderation in the falls registered in the first half of this year, following macroeconomic
upward revisions from the IMF along with new international tourism figures to August this year.
The worst case scenario is likely wage growth higher than expected (0.3 percent or higher month over month, 2.9 percent to 3 percent annual), with
upward revisions from February, and job growth much higher, all of which would increase the chances for a Fed rate hike.
In terms of supply, OPEC noted that non-OPEC supply in 2016 was expected to contract by 610,000 barrels a day following
an upward revision from last month's report, to average 56.32 mb / d.
Nanya Technology expects its DRAM bit shipments to increase 48 % in 2018,
an upward revision from its previous estimate of 45 % growth.
Improved consumer spending in the third quarter drove a slight
upward revision from the prior forecast; moreover, a friendly labour market and rising household wealth should continue to support consumers.
Real GDP grew at a 3.2 % seasonally adjusted annual rate,
an upward revision from the advance estimate of 2.9 %.
Economic activity expanded at a 1.2 % seasonally adjusted annual rate,
an upward revision from the previous 0.7 % estimate.
In addition, purchase originations are expected to increase to $ 801 billion in 2015,
an upward revision from $ 730 billion in last month's forecast, and from $ 638 billion in 2014.
Not exact matches
End - of - week profit taking prevented the U.S. dollar
from extending its gains on Friday despite stronger - than - expected first - quarter U.S. GDP growth and an
upward revision to the University of Michigan's consumer confidence index.With that in mind, steady growth and rising inflation expectations should foster further gains in the dollar next week as investors are convinced that the Federal Reserve will use the May meeting to prepare the market for a June hike.
This largely reflects a substantial
upward revision to expected taxation revenue
from individuals and companies, consistent with continued strength in employment and profits in early 2004/05.
Last week, we saw an unusual
revision in new claims data, not just for the previous week, but in months of prior releases, with
upward revisions averaging about 10,000 in the most recent reports (e.g. the Feb 25 figure was revised
from 354,000 to 373,000).
This pattern of a stronger - than - expected contribution
from US consumers was reflected in July's retail sales report, which not only came in well ahead of consensus expectations, but also included significant
upward revisions to the weak figures seen in May and June.
The
upward revision is partly due to factoring in new World Health Organization estimates on harm to health
from pollution exposure.
-LSB-...]
from scraping over rocks, can melt ice at the base, a factor that's forced
upward revisions of the rate of ice loss
from global warming.
The Office of Management and Budget (OMB) decision arrives amid criticism
from industry groups and Republicans who say the Obama administration's May 2013
upward revision of the SCC earlier lacked public input.
The acceleration of ice loss in both Greenland and Antarctica has caused another
upward revision of global sea - level rise and the numbers of refugees expected
from low - lying coastal areas.
Gross domestic product rose at a 3.1 % annualized rate
from prior quarter (est. 3 %); revised
upward from second estimate of 3 % Consumer spending, biggest part of the economy, grew at unrevised 3.3 % rate (est. 3.3 %) GDP
revision reflects adjustments on farm inventories, health spending; sales of motor vehicles and parts revised down
The report also noted a strong
upward revision for the April rate of sales, increasing
from a 569,000 annual pace to 593,000.
Sales of newly built, single - family homes remained virtually unchanged, inching down 0.6 % in February to a seasonally adjusted annual rate of 618,000 units after
upward revisions to the January, December and November reports, according to newly released data
from HUD and the U.S. Census Bureau.