The phrase "and it is forecast" is correct and usable in written English.
You can use it when discussing predictions or expectations about future events, particularly in contexts like weather forecasts or economic projections.
Example: "The weather report indicates that it will rain tomorrow, and it is forecast to be a heavy downpour."
Alternatives: "and it is predicted" or "and it is anticipated".
The organization has a $6 million deficit in the fiscal year that ends on Sept. 30, and it is forecast to run a deficit again next year.
According to a of her firm's report, this sector grew by nearly £20m between 2007 and 2012, and it is forecast to grow by £53.5 by 2017.
The debt-to-G.D.P. ratio, which Osborne originally said would peak at about seventy per cent, has now hit seventy-five per cent, and it is forecast to come close to eighty per cent in 2015-2016.
The company, now based in Chicago, has more than 6,500 employees in the United States, Canada and Brazil, and it is forecast to have revenue of $1.2 billion this year.
The company posted record quarterly profit in the third quarter despite the global slump, and it is forecast to earn more than $10 billion in net profit next year.
India's GDP has been growing quite fast in recent past and it is forecast that it would continue to do so in the coming several decades.
Soleil expects News Corp. management to hike its operating income guidance on its next conference call to the high teens, and it is forecasting 20%.
At least for now, the answer is no; the three months to December are always Apple's best, and it is forecasting revenues of about $76.5bn, a slight rise on the year before, and profits could even outdo last year's $18bn.
Tesla recently reported a $46m profit for the fourth quarter of 2013 and it is forecasting faster growth when it launches production of the Model X electric sport-utility vehicle later this year.The real breakthrough could come by 2017 with the more mainstream Model E expected to carry a price tag of less than half of the Model S, which is priced at up to $110,000.
The world energy demand is not static and it is forecasted to increase rapidly.
Lowe's says it see fourth-quarter sales at about $4.5 billion, and it is forecasting fiscal 2001 earnings growth of 20% to 22%, down from its initial 22% to 23% figures.
