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In June it revised its forecast upwards, saying Help to Buy had already improved buyer confidence, along with the prospect of continued low interest rates.
The Middle East-led oil cartel, which controls a third of world oil supply, revised its forecast upwards by 50,000 barrels a day; Opec said it now expected demand to increase by 1.14m barrels a day – from 90m in 2013 to 91.14m this year – as the world economy slowly picks up speed.
In addition, positive adjustments, which involved adjusting the forecast upwards, were much less likely to improve accuracy than negative adjustments.
He also revised the growth forecast upwards from 0.7% to 1% for 2014, and promised tax cuts for 12 million of Spain's 17 million taxpayers.
Shortly thereafter, on May 31, the day before the season officially began, Gray's team revised its April forecast upwards to 15 named storms, 8 hurricanes, and 4 major hurricanes.
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"In the last few years, many forecasters have had to revise their forecasts upwards continuously - sometimes the ink was not dry on the previous forecasts before they had to raise their outlooks again".
Bucking the general trend for Japanese retailers, both Starbucks Coffee Japan and H20 retailing revised their profits forecasts upwards Friday.
However, business seemed to be improving as profit forecasts were revised upwards.
(Just to rub things in, the fund adjusted its forecasts for Britain upwards).
She failed to see previous share price crashes and was famous for her upwards forecasts.
Since then the forecast has been revised upwards to 223,000 extra households a year until 2026.
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