Description:The Congressional Budget Office (CBO
) regularly evaluates the quality of its economic forecasts by comparing them with the economy's actual performance and with forecasts by the Administration and the Blue Chip consensus (an average of about 50 private-sector forecasts). CBO's forecasts generally have been comparable in quality with those of the Administration and the Blue Chip consensus. When CBO's projections have proved inaccurate by large margins, the errors have tended to reflect difficulties shared by other forecasters. This report evaluates CBO's macroeconomic forecast over two-year and five-year horizons. The periods used for the evaluations differ by variable and by forecast horizon, depending on the availability of the needed data. Additionally, sprinkled throughout this report are graphic representations of the data for comparisons versus Actual Growth and forecasted values by the CBO. Key figures included in this report include the following: Petroleum Prices and Consumer Price InflationForecasts by CBO and Revisions to Values for Real Gross Domestic ProductLabor Productivity and HoursGrowth in Real Output - 2-year ForecastsGrowth in National Output - 2 year ForecastsInflation Consumer Price Index - 2 year ForecastsDifference Between Inflation in the Consumer Price Index (CPI) and the Inflation in the Gross Domestic Product (GDP) Price Index -2 year ForecastsGDP Price Index -5 year ForecastsGrowth in Wages and Salaries - 5 year ForecastsInflation in Consumer Price Index - 5 year Forests Keywords: Economic Forecasts; Federal Budget; Budget Projections; Consumer Price Index; Gross Domestic Product (GDP) Gross Domestic Product Index (GDPI); Financial; Money; Debt; America's spending projections; Money factors; Consumer Inflation; Workplace salaries and income; Employee salaries, wages, and income; Employee work productivity' Employee work time and hours; Gas and Crude Oil prices; United States (U.S./US) Congressional Budget Office (CBO); CBO; Historical Financial data of America's spending and debt; Business cycle and trends; Interest Rates; United States (U.S./US)Federal Reserve; United States (U.S./US) Budget projections and data forecasts; Innovation; Education and Skills development; investment in human capital; capital expenditures; Recessions; Financial Markets fluctuations and growth;We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Budget And Economic Outlook: Report To The Senate & House Committee On The Budget Annual Report 2016 To 2026. To get started finding Budget And Economic Outlook: Report To The Senate & House Committee On The Budget Annual Report 2016 To 2026, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
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0160932181
Budget And Economic Outlook: Report To The Senate & House Committee On The Budget Annual Report 2016 To 2026
Description: The Congressional Budget Office (CBO
) regularly evaluates the quality of its economic forecasts by comparing them with the economy's actual performance and with forecasts by the Administration and the Blue Chip consensus (an average of about 50 private-sector forecasts). CBO's forecasts generally have been comparable in quality with those of the Administration and the Blue Chip consensus. When CBO's projections have proved inaccurate by large margins, the errors have tended to reflect difficulties shared by other forecasters. This report evaluates CBO's macroeconomic forecast over two-year and five-year horizons. The periods used for the evaluations differ by variable and by forecast horizon, depending on the availability of the needed data. Additionally, sprinkled throughout this report are graphic representations of the data for comparisons versus Actual Growth and forecasted values by the CBO. Key figures included in this report include the following: Petroleum Prices and Consumer Price InflationForecasts by CBO and Revisions to Values for Real Gross Domestic ProductLabor Productivity and HoursGrowth in Real Output - 2-year ForecastsGrowth in National Output - 2 year ForecastsInflation Consumer Price Index - 2 year ForecastsDifference Between Inflation in the Consumer Price Index (CPI) and the Inflation in the Gross Domestic Product (GDP) Price Index -2 year ForecastsGDP Price Index -5 year ForecastsGrowth in Wages and Salaries - 5 year ForecastsInflation in Consumer Price Index - 5 year Forests Keywords: Economic Forecasts; Federal Budget; Budget Projections; Consumer Price Index; Gross Domestic Product (GDP) Gross Domestic Product Index (GDPI); Financial; Money; Debt; America's spending projections; Money factors; Consumer Inflation; Workplace salaries and income; Employee salaries, wages, and income; Employee work productivity' Employee work time and hours; Gas and Crude Oil prices; United States (U.S./US) Congressional Budget Office (CBO); CBO; Historical Financial data of America's spending and debt; Business cycle and trends; Interest Rates; United States (U.S./US)Federal Reserve; United States (U.S./US) Budget projections and data forecasts; Innovation; Education and Skills development; investment in human capital; capital expenditures; Recessions; Financial Markets fluctuations and growth;We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Budget And Economic Outlook: Report To The Senate & House Committee On The Budget Annual Report 2016 To 2026. To get started finding Budget And Economic Outlook: Report To The Senate & House Committee On The Budget Annual Report 2016 To 2026, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.