Macroeconomics forecasting

Macroeconomics Forecast Table of Contents I. INTRODUCTION / PURPOSE: 3 II FORECASTING INSTITUTIONS 4 III COMPARE MACROECONOMIC FORECASTS 5 IV ORGANIZATION RECOMMENDATIONS / CONCLUSION 8 V REFERENCES 9 I. Introduction / Purpose: Macroeconomic forecasts are traditionally stated as point estimates for one or several periods ahead. They are used extensively in industry and government. The purpose of this paper is to compare and contrast macroeconomic forecasts prepared by the following financial institutions. * Congressional Budget Office (CBO) * Office of the Management and Budget (OMB) * …

…strategy to maximize profits. V References * CBO; Congressional Budget Office; http://www.cbo.gov/respon.shtml; Website Last accessed on April 15, 2002 * OMB; Office of the Management and Budget; http://www.whitehouse.gov/omb/; Website Last accessed on April 15, 2002 * FRBP; Federal Reserve Bank of Philadelphia - Research Department http://www.phil.frb.org/econ; Website Last accessed on April 15, 2002 * U.S. House of Representatives; Economic Assumptions; http://www.house.gov/budget/; Website Last accessed on April 15, 2002.