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"They may see a slight dimming of their lights, but nothing dramatic at all," said Rachel Fletcher, a senior partner at Ofgem, which unveiled electricity capacity estimates for the next two winters on Monday.
Officials said last week that the surplus for the current year was growing by $300 million, and the revenue estimates for the next fiscal year are up by $282 million.
In the technology-stock analysis, Mr. Yardeni and a research associate, Joseph Abbott, started with two sets of numbers for the 72 technology companies in the S.& P. The first was corporate earnings estimates for the next 12 months by securities analysts, as compiled by I.B.E.S. International, going back to the 1980's.
Although the president has the initial responsibility for determining the proposed level of appropriations, once estimates for the next fiscal year are submitted to Congress, a single budget bill is not enacted, but rather a number of appropriation bills for various departments and agencies are passed during the first six or seven months of a session.
It's based on reported results during that period and estimates for the next 12 months.
Additionally, estimates for the next years of several publication metrics are given.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com