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Lauren Rich Fine, the advertising analyst for Merrill Lynch, increased her forecast this week to a gain of 6.6percentt from an earlier forecasted increase of 6percentt.
Earlier this month, she lowered her forecast to $1.28.
And she did not cut her forecast for corporate earnings.
Ms. Wang also cut her forecast for next year to 7.8 percent, from 8.3 percent.
Some market specialists said her forecast helped drive down stocks on Tuesday.
Janet Yellen, the head of the Federal Reserve, repeated her forecast a few days ago.
Similar(29)
She has figured out her training, her food, her weather forecasting, her shark protection, her goggles and her asthma.
Earley said her forecasts were more likely to be too optimistic than overly gloomy.
Two years ago, Ms. Combs said that the state government could spend no more than $177.8 billion, based on her forecasts.
For 2004, her forecasts for growth in United States ad spending was trimmed to 5.4percentt from 5.7percentt and for growth worldwide to 4.7percentt from 4.9percentt.
"Her forecasts are like the War and Peace of horoscopes," says Bevy Smith, who admits to waiting on tenterhooks for Miller's monthly updates.
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CEO of Professional Science Editing for Scientists @ prosciediting.com