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I am suspicious of economic forecasts even when the forecasters are having a good run.
Other top government forecasters are less cocksure.
Forecasters are not necessarily apologetic, though.
This time, economic forecasters are more optimistic.
Few forecasters are currently predicting a recession.
Other forecasters are convinced that a global recession is inevitable.
But forecasters are much worse at answering the second question.
But other forecasters are sounding a different note.
Forecasters are revising down their predictions for growth in Britain.
As a result, forecasters are now sharpening their red pencils.
So federal forecasters are projecting below-normal rainfall through May.
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