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Forecasts in sentence

433 examples of Forecasts in a sentence

Many forecasts suggest that by 2030, the four largest emerging-market economies will have overtaken the G-7 in combined size, and that by 2050, today’s emerging-market economies will represent more than half the global economy and an even larger share of the world’s population.
These forecasts all assume that economic growth will be generated in cities.
To address these issues emerging-market cities should practice anticipatory planning, based on realistic demographic forecasts; develop city and nationwide patient registers and health-information systems; and seek to integrate health and health-care planning with overall city planning.
Until the boom’s end, consensus forecasts predicted that the bonanza would continue.
Forecasts of economic growth are being marked down sharply.
In its most recent WEO, the IMF forecasts global GDP to grow by only 3.3% in 2012, and by 3.6% in 2013.
Lessons from the October 2008 WEO, which analyzed recoveries after systemic financial stress, were incorporated into subsequent forecasts.
Consequently, forecasts for the United Kingdom – where financial-sector stresses largely resembled those in the US – have been significantly less accurate.
The once-popular notion, built into growth forecasts, that exports would provide an escape route from the crisis was never credible.
At the Fed, the staff present their own economic forecasts to the FOMC, without input from the policymakers who set the interest rate.
At the BoE, the MPC is responsible for official forecasts, which it publishes in its Inflation Reports.
But such forecasts of “implied inflation” can be wild, if not absurd.
The belief that the fiscal multiplier is usually low may have contributed to underestimation of the short-run economic costs of austerity policies – and thus to persistently optimistic forecasts of growth and employment.
Considering the advanced stage of the economic cycle, forecasts for nominal growth of more than 4%, and low unemployment – not to mention the risk of overheating – the Fed is behind the curve.
IMF growth forecasts released during the Davos meeting highlight the extent to which the world has become decoupled: GDP growth in the advanced industrial countries is expected to be 1.4% this year, while developing countries continue to grow at a robust 5.5% annual rate.
Ever since the eurozone was established, its members have issued official fiscal forecasts that are systematically biased in the optimistic direction.
Forecasts for tax revenue and budget surpluses are correspondingly optimistic and so hide the need for fiscal adjustment.
Since forecasting is subject to so much genuine uncertainty, no one can prove that the forecasts are biased when they are made.
But, if forecasts are biased, fiscal rules will not constrain budget deficits.
Indeed, in a new paper, co-authored with Jesse Schreger, we show that eurozone members’ bias in official forecasts can be neatly characterized as responding to the SGP’s 3%-of-GDP limit on budget deficits in 1999-2011: each time governments exceeded the limit, over-optimistic forecasts followed.
In other words, governments adjust their forecasts, not their policies.
Creating an independent fiscal institution that provides its own budget forecasts works, insofar as it reduces the bias in deficit projections.
It would be better still if governments were legally bound to use these independent forecasts in their budget plans (borrowing an innovation from Chile).
Growth and employment forecasts in the advanced countries have been reduced – a delayed recognition of the reality of an extended and difficult recovery and a new post-crisis “normal.”
With lower and more realistic growth forecasts, fiscal deficits in the short to medium term are viewed as more dangerous.
In making these forecasts, I have relied more on analysis of underlying economic forces than on complex econometric models.
While Germany has resolved its debt problem insofar as it no longer violates the European Union’s Stability and Growth Pact and can be expected to have a balanced budget in 2008, the forecasts for France imply deficits of 2.6% and 2.3% of GDP for this year and 2008.
IMF forecasts are typically a good proxy for the global consensus.
Between 1985 and 2005, boomsters made 10-year forecasts that exaggerated the chances of big positive changes in both financial markets (e.g., a Dow Jones Industrial Average of 36,000) and world politics (e.g., tranquility in the Middle East and dynamic growth in sub-Saharan Africa).
The erosion of support for the government is due to its inefficiency: inflation is triple official forecasts, and basic foodstuffs and fuel are scarce and their supply irregular.
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