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Forecast in sentence

463 examples of Forecast in a sentence

We might read that the average forecast of 20 different forecasters is 2.8%, with the five highest forecasts above 3.2% and the five lowest forecasts below 2.5%.
While it would be rash to forecast a double dip as the most likely outcome for the economy during the rest of this year, many of us are raising the odds that we attribute to such a downturn.
Indeed, it was precisely this logic that me led to give a very dark forecast in a widely covered speech in Singapore on August 19, 2008, a month before Lehman Brothers failed.
How much trouble will ultimately depend on factors that are very hard to forecast, including markets’ responses to Fed tightening and political shocks (say, the scandal enveloping Petrobras in Brazil) that shake investors’ faith in local policies and markets.
But their forecast that it would come within 30,000 kilometers of our planet in 2029 (closer than some geostationary communications satellites, as well as the Moon) is more likely to please astronomers than international security experts.
That forecast, moreover, is based on quite optimistic assumptions of strong economic growth and low interest rates.
To be sure, economic data released since the referendum suggest bullishness in the manufacturing sector, and the National Institute of Economic and Social Research recently forecast that the UK’s balance of payments could achieve a small surplus by 2019.
Both GDP and industrial production fell by 5% in 1998, and the IMF forecast a further decline in GDP of 9% in 1999.
As a result, France has had chronic long-term unemployment – forecast to reach 10.5% by 2013 – for many years.
The attacks came at a time when the world traditionally tries to make sense of the year ahead – to forecast the risks that lie in wait, the opportunities that will arise, and the challenges that will have to be overcome.
The International Monetary Fund’s latest forecast suggests that the surplus will hold at around 2% of GDP in 2014.
In fact, according to a forecast in 2002 by the United Nations Food and Agricultural Organization (FAO), global food production will exceed the needs of the global population by the year 2030, largely owing to the Green Revolution of the past half-century.
Of the top ten occupational categories that account for 29% of all forecast job creation, only two – registered nurses and operational managers – pay more, on average, than US median earnings, while most of the other eight pay far less.
The region’s main economies recorded slower GDP growth in 2013, and much the same is being forecast for 2014.
His forecast was correct, of course, with a month to spare.
And the FOMC members’ own median forecast puts inflation at 1.8% in 2017 and 2% in 2018.
The authorities must therefore consider the possibility that the upbeat forecast could be masking a more turbulent future.
First, the projected fiscal multipliers – the amount by which GNP will fall as a result of each dollar of fiscal contraction – used for the GNP forecast assume that a contraction of one dollar in the primary fiscal deficit will be associated with a $1.34 contraction of GNP.
But the forecast proved to be far too optimistic.
The forecast errors have three potential sources: failure to recognize the time needed for economic recovery after a financial crisis; underestimation of the “fiscal multipliers” (the size of output loss owing to fiscal austerity); and neglect of the “world-trade multiplier” (the tendency for countries to drag each other down as their economies contract).
The April 2010 report forecast a US growth rate of roughly 2.5% annually in 2012-2013; current projections put the rate a little higher than 2%.
The April 2010 WEO forecast a UK annual growth rate of nearly 3% in 2012-2013; instead, GDP is likely to contract this year and increase by roughly 1% next year.
In particular, as European imports from East Asia have fallen, East Asian economies’ growth is down sharply from last year and the 2010 forecast – and, predictably, growth in their imports from the rest of the world has lost momentum.
Although growth was expected to slow subsequently, it was forecast at roughly 2% in 2012-2013.
But, as Chinese growth has decelerated – owing partly to decreased exports to Europe – the German GDP forecast has been halved.
China’s 12th Five-Year Plan lowers the growth forecast (to 7%) to create “space” to deal with issues like equity, sustainability, and the environment.
Given the ongoing economic slowdown, which is leading many to forecast an imminent hard landing, China’s leaders will be closely monitoring disgruntled social groups and the increasingly vocal, politically conscious intelligentsia.
There are two possible reasons for the discrepancy between forecast and outcome.
And, according to the World Bank’s forecast, Vietnam, along with Cambodia and Laos, is on track to maintain a similar level of growth for the year.
During an economic expansion, such as in the 2002-2007 period, governments are tempted to forecast that the boom will continue indefinitely.
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