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Discover Ludwig"initial forecast" is a correct and commonly used phrase in written English.
It refers to the first prediction or estimate made about a future event or outcome. Example: According to the initial forecast, there will be heavy rain and strong winds tomorrow afternoon.
Exact(54)
His initial forecast for turnover was £400,000.
The projected loss is nearly nine times the initial forecast.
But I see 2011 as above the initial forecast.
At Capital One's subprime auto-lending arm, the losses outpaced the bank's initial forecast.
Take-up has so far fallen well short of an initial forecast of 600 students.
The latest cost estimate for the rowing and canoeing venue is 49bn yen, seven times higher than the initial forecast.
Similar(6)
Nationally, enrollment via the marketplaces has lagged initial forecasts.
More likely, it would contend that its initial forecasts were too conservative.
22 predominantly Republican states have declined this expansion, so participation is below initial forecasts.
Wal-Mart's sales increases, which last year outpaced the industry average, have missed initial forecasts the last three months.
In 2012, according to Citibank, global profits growth was just 2%, compared with initial forecasts of 11%.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com