Exact(24)
"G.D.P. forecasts are being slashed.
And profit forecasts are being slashed.
"The purposes to which our forecasts are being put have real consequences to real people".
The new forecasts are being published amid other signs that the housing market is cooling.
The Economist's latest poll shows that growth forecasts are being slashed for emerging economies almost everywhere (see chart 1).
Economic forecasts are being revised downwards almost as fast as the sandbags stack up in the streets.
Similar(36)
Now, that forecast is being trimmed to an increase of 1.4percentt.
This troubling forecast is being echoed in wine regions worldwide.
This is at odds with the general direction of economists' forecasts, which are being revised down.
Earnings forecasts for the first quarter of this year are being scaled back, too.
The forecast model is being very aggressive about pricing in Mr. Romney's gains.
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