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Instead of the forecast 54,000 customers, the monorail is attracting barely 21,000 users a day.
In a June report, the fund acknowledged that Greece's economic contraction between 2009 and 2012 — around 17 percent instead of the forecast 5.5 percent — "was much greater than anticipated".
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On the contrary, the CFS-NCEP model shows the opposite for almost all months and all areas, meaning that it would be better to use climatology to estimate seasonal temperature trends for the following weeks instead of the forecasting model.
In fact, one of the reasons why IDC says growth in handheld companion units was lower than it expected in 1998 (the market grew to 4.3 million units instead of the forecasted 4.6 million) was because of the flat performance of some Windows CE hardware device vendors.
Instead of presenting the forecast as a range of possibilities, many outlets simply presented the worst-case scenario.
Sales will be as low as $200 million, instead of the $300 million to $330 million forecast previously, Juniper said.
It said earnings for the full year would be $3.60 to $3.90 a share instead of the previous forecast of $4 to $4.25 a share.
On Tuesday, Midway, which is based in Chicago, said that it expected a second-quarter loss of $11.5 million to $12.5 million, instead of the $5 million to $10 million forecast earlier.
The French government has said the deficit-reduction target could rise to as high as €44 billion if the economy expands only 0.5 percent next year, as many economists now predict, instead of the 1.2 percent forecast.
Combined, the aftermath of the territorial spat with China will shave 0.8 percentage points off Japan gross domestic product growth for the fourth quarter, sending Japan's overall economy slightly downward, instead of the initial forecast for flat growth, according to JP Morgan.
The company also said it will burn less cash this year than expected–$15 to $16 billion, instead of the $17 billion forecast earlier this year.
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CEO of Professional Science Editing for Scientists @ prosciediting.com