Sentence examples for old forecasting from inspiring English sources

The company threw out its old forecasting processes (a sprawling set of Excel spreadsheets which was running forecasts for 24 UK offices) in favour of a new cloud-based system that could be tightly integrated with its legacy infrastructure.

Wall Street cringed at the stark difference between the new and old forecasts, which showed that the company's managers were off in their assessment of the business by 29percentto47percentcent.

But, of course, data for the model now has changed and there is no guarantee that the model will produce a forecast with this new data that fits well with the old forecasts used to craft the original policies.

"You can't tell today's weather looking at a two-year-old forecast," said the group's executive vice president, Jack Freund.

But the rapid rise especially of tablets has eaten into that - so that it now reckons this year's total will hit 315.4m, a 28% cut from that older forecast.

Lehman's report, which matched a week-old forecast from the company, appeared to assuage some concerns about the ability of the financial sector to extricate itself from bad bets on mortgage debt.

But Ms. Thompson said that after comparing older forecasts with what had actually transpired in a market, her staff had found that analysts' predictions often turned out to be conservative.

Analysts with better past performance carry more weight than those with weaker past performance, and the newest estimates rank higher than older forecasts.

For half of their forecasts, the NHC issues forecasts only three hours after that time, so some "early" models — NHC90, BAM, and LBAR — are run using a 12-hour-old forecast for the current time.

All the old economic forecasts are up in the air.

But some entrepreneurs aren't impressed with such old school forecasts and budgeting and say the digital age is about to disrupt the financial and accountancy sectors.