07 september 2006

TCS Daily - Rain on the Economic Forecasters' Parade

Statistics compiled by Bloomberg L.P. shed light on the success of prominent forecasters. Each month, the financial information company surveys 60-plus economists from business and academe. The respondents handicap key indicators for the current quarter (which will not be reported until after quarter-end), and for the next four quarters. Among several indicators covered in the survey, I'll focus on gross domestic product (GDP), the most popular measure of aggregate economic activity.
TCS Daily - Rain on the Economic Forecasters' Parade