How is an economic forecast made? My forecast is judgmental rather than coming from an econometric model. I begin with a “bottoms-up” prediction of major sectors, followed by a top-down reality-check. This article will explain my basic thought process in terms of economic theories.
from Forbes Real Time //www.forbes.com/sites/billconerly/2017/09/01/economic-forecast-theories-behind-the-numbers/
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