Sentence examples for forecasts reported from inspiring English sources
Environment Canada, the government department that provides weather forecasts, reported that until mid-March the ice was at its lowest in more than four decades of record keeping.
The company, which had warned that its profits would fall far short of Wall Street forecasts, reported net income of $3 million, or 9 cents a share, for the three months ended July 31, compared with $11.6 million, or 32 cents a share, in the period a year ago.
Interestingly, however, historical estimates of funds-rate reactions to FOMC members' forecasts prescribe just such a response to the forecast published on January 25th.Historically, FOMC funds-rate decisions are closely matched by a simple rule of thumb that includes the mid-points of the inflation and unemployment forecasts reported by FOMC members.
But what about the other end of the spectrum: which will be the star growers of 2009?The champion, according to the Economist Intelligence Unit's forecasts reported in "The world in figures" pages, will be Qatar, whose gas-fired economy is forecast to grow by 13.4%.
There are 12 different seat count forecasts reported by Election Almanac.
Sainsbury's, Britain's third-largest food stores chain, also beat City forecasts, reporting a 4.2% rise in like-for-like sales.
But the leading chipmaker fell short of revenue forecasts, reporting sales of $7.1 billion.
Talbots topped forecasts, reporting a 8.1% jump in sales on improved full-price selling.
IBES International, which keeps track of analysts' forecasts, reports its technology sector trades at 63 times 2001 estimate versus 21 for the S&P 500.
Although J&J company beat analyst forecasts, reporting that its second-quarter profits jumped 9.2% to $3.1 billion, or $1.05 a share, from $2.8 billion, or 95 cents a share.
By contrast, the Philadelphia Federal Reserve Bank's widely watched surveys of economic forecasts report only the aggregate consensus and circumspectly don't evaluate the accuracy of past predictions.
