economic forecasts

Financial future guesses

Economic forecasts are predictions about future economic conditions—growth rates, inflation, unemployment, interest rates, and similar indicators.

Governments, central banks, and businesses use them to guide policy and planning decisions.

The forecasts rely on models, historical data, and assumptions that may prove wrong: The economic forecast predicted mild recession, but growth surprised everyone.

Opposites
temporal direction

economic forecastseconomic history

Analysis of past material conditions

historical data · post-mortems · audit reports · annual reports · historical accounts

certainty and knowability

economic forecastsknown quantities

Established, measurable factors

empirical evidence

methodological approach

economic forecastsdata collection

Systematic accumulation of facts

bookkeeping · financial reporting

Family

economy, forecast, forecasting, economist

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Abstract · Rated G