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The FORECAST Climate model (Seely et al. 2015) was developed as an extension of the hybrid forest growth model FORECAST (Kimmins et al. 1999) created through the dynamic linkage of FORECAST with the stand-level hydrology model ForWaDy (Seely et al. 1997).
Compare the institute's forecast with the latest Blue Chip survey, which was released on Friday.
Growth will slow further this year, the survey forecast, with the median projection for 2016 coming in at 6.7%.
Profits for 2014 are now expected to be £130m-£140m, around £20m lower than forecast, with the outlook downgraded for 2015.
The £7.5bn top-line was modestly below our £7.55bn forecast, with the UK and emerging markets weak as re-underwriting continued, and Canada and Scandinavia broadly in-line.
It revised up its non-OPEC supply by 170,000 barrels a day compared to its September forecast, with the uptick based on revisions in supply in the United States and elsewhere.
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The animated category also saw some significant deviations from pundits' forecasts, with the little-considered "The Pirates!
But anyone who did the forecast with Sea The Stars must have felt very clever indeed.
Hot, muggy and gross are in the forecast, with temperatures in the low 90s, and the heat index in the upper 90s.
Elo ratings have commonly placed among the forecasts with the smallest errors.
Operating profit has marginally beaten forecasts, with the dividend maintained and net debt reduced (-15pc).
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CEO of Professional Science Editing for Scientists @ prosciediting.com