economic forecasting

Prediction of future economic activity and developments. Economic forecasts, which range from a few weeks to many years, are widely used in business and government to help formulate policy and strategy. Macroeconomic forecasts predict the course of the aggregate economy and concentrate on variables such as interest rates, the rate of inflation, and the rate of unemployment. Forecasts of private consumption and investment, government expenditures, and net exports help government policymakers responsible for fiscal policy. For example, part of the justification for a change in taxes is a forecast of its economic effects. Microeconomic forecasts are designed to project the effects of change at the level of an industry or a firm. Most microeconomic forecasts begin with assumptions about the aggregate economy before focusing on the projected effects in the specific sector that is of interest. Manufacturers and retailers use such forecasts to formulate business plans such as those involving inventory, production levels, or hiring.

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No references found	The British economy will contract in 2009 in its first full year of recession since the early 1990s, one of the country's leading economic forecasting groups said today. Economists forecast year of recession in 2009 by guardian.co.uk / guardian.co.uk Over time business optimism indexes develop into leading indicators of economic activity and thus assist the business and investment community and also government, in short-term economic forecasting and strategic planning. New business index on way by Gulf Daily News (Manama, Bahrain) 6m in credit four years ago, to its present deep debt, has been blamed on "overly optimistic" economic forecasting. Voice of the ECHO: Unite to save cash by Liverpool Echo (Liverpool, England)	Economic Commission for Africa Economic Commission for Europe Economic Commission for Latin America Economic Commission for Western Asia Economic Comparisons, International Economic Competition Between the Two World Systems Economic Compulsion to Work Economic Contract Economic Cooperation Administration Economic Cooperation Between the USSR and Nonsocialist Countries Economic Cooperation of the Socialist Countries Economic Crimes Economic Crisis Economic Cybernetics Economic Cycles, Theories of economic development Economic Development, Level of Economic Disproportions Economic Efficiency Economic Efficiency of Capital Investments Economic Efficiency of New Technology Economic Efficiency of Socialist Production economic entomology Economic Expansion Economic Forecast economic forecasting Economic Geography economic geology economic growth Economic Growth, Theories of Economic Incentive economic indicator Economic Information Economic Integration Economic Interests Economic Laws economic life economic lot size Economic Management Economic Maps Economic Materialism economic mineral economic mobilization Economic Model, Mathematical Economic Needs economic order quantity Economic Pattern economic planning Economic Policy Economic Potential economic purchase quantity	Economic Enterprise Development Department Economic entomology Economic environment Economic environment Economic environment Economic environment Economic environment Economic environment Economic equilibrium Economic equilibrium Economic equilibrium Economic Espionage Act of 1996 Economic Evaluation Database Economic Exchange Event Economic Exclusion Zone Economic expansion Economic Expansion in Outlying Areas economic expert Economic exploitation Economic exploitation Economic exploitation Economic exploitation Economic exposure Economic Farm Surplus Economic fascism/Redirect Economic fascism/Redirect Economic fascism/Redirect economic feasibility Economic Feed Conversion Ratio Economic Forecast economic forecasting Economic Forecasting and Fiscal Policy Analysis Economic Forecasting Center Economic free zone Economic free zone Economic free zone Economic free zone Economic free zone Economic Freedom of North America economic gain spatial analysis Economic geographies Economic geographies economic geography economic geography economic geography Economic Geography Research Group Economic Geography Specialty Group Economic geologist Economic geologist economic geology economic geology Economic Geology Research Institute Economic Geology Research Unit Economic Globalization and the Environment Economic Governance Reform Operation Economic Governance Technical Assistance Economic Group Pension Services economic growth economic growth economic growth economic growth

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The British economy will contract in 2009 in its first full year of recession since the early 1990s, one of the country's leading economic forecasting groups said today.

Economists forecast year of recession in 2009 by guardian.co.uk / guardian.co.uk

Over time business optimism indexes develop into leading indicators of economic activity and thus assist the business and investment community and also government, in short-term economic forecasting and strategic planning.