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Under more pessimistic forecasts, the decline could last for years.
Mr. Leahy of Airbus scoffed at Boeing's pessimistic forecasts.
Pessimistic forecasts say that the share of non-performing loans could reach 20%.
Despite pessimistic forecasts at the start of the year, the euro did not crash and burn.
More pessimistic forecasts envision the economy remaining weak through most or all of next year.
Administration officials who offered dissenting views or pessimistic forecasts would have had to be heard rather than silenced or fired.
Similar(19)
An optimistic and pessimistic forecast was drawn up for each forecast.
They are below the most pessimistic forecast made in 1996, when London & Continental Railways (LCR) was granted its licence.
C1 Quarterly net income at DaimlerChrysler more than doubled, but the company issued a pessimistic forecast for auto sales next year.
Before the announcement Tuesday, the consensus of analysts was that the company would earn 42 cents a share in the first quarter, with the most pessimistic forecast at 16 cents.
The Conference Board's consumer confidence index decreased to 52.5, lower than the most pessimistic forecast of economists surveyed by Bloomberg News and down from a revised 54.3 in November.
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