Sentence examples for a baseline forecast from inspiring English sources
So once a baseline forecast is complete, the challenge is to determine how far it could be off target.
The probabilistic approach constructs a baseline forecast from a large-scale macroeconomic model and identifies a scenario that would have a specific probabilistic likelihood given the baseline forecast.
Low growth not only makes for a subdued baseline forecast, but also for a harder fiscal adjustment, and higher risks along the way.
Fourth developed a predictive, multi-layered algorithm to calculate a daily baseline forecast, which can be broken down into periods as short as 15 minutes by sales item.
Mr. Gault has a bleaker "baseline" forecast — 1.25 percent per capita real income growth for the 12 months leading up to the election, and unemployment of 8.8 percent on Election Day.
The second method compares the actual course of GDP and employment after the stimulus was passed to a statistical baseline forecast of what would have occurred had the stimulus not been passed.
About 200-300 export sales would be a reasonable baseline forecast for the winning T-X plane, depending upon who wins, who else is still competing, and of course prices offered.
Compared with the CBO baseline forecast, an additional 1.0 percentage point of growth would increase the present value of federal revenues over the next 100 years by 60%, or $132.5 trillion.
And they went on, "While we believe this month's baseline forecast is a reasonable and defensible projection based on our best thinking about all these risk factors, it is almost certain to change in ways that are not now predictable".
Well, here's an exercise: take the CBO baseline forecast for unemployment and inflation.
Although oil prices eased this week after talks about Iran's nuclear ambitions, a supply shock which caused oil prices to spike to 50% above the baseline forecast (of about $115 a barrel) could reduce global output over the next two years by 1.25%.Inevitably, Europe is the biggest cloud on the horizon.
