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U.S. demand for oil in September fell by 5.5% month-over-month and by about 3.8% year-over-year to around 18.35 million barrels a day. For the full year, demand is expected to decline by less than 1%.
The Survey of Professional Forecasters (SPF) is a quarterly survey of macroeconomic forecasts for the economy of the United States issued by the Federal Reserve Bank of Philadelphia. It is the oldest such survey in the United States. The survey includes an "anxious index" that estimates the probability of a decline in real GDP. [1]
In February 2010, President Obama formed the bipartisan Bowles–Simpson Commission to recommend steps that could be taken to reduce future budget deficits. The commission released its report on November 10, 2010, which recommended deep domestic and military spending cuts, reforming the tax system by eliminating many tax breaks in return for lower overall rates, and reducing benefits for ...
A 2014 paper by Arai in the International Journal of Forecasting finds: "Using this [Patton and Timmerman (2012) forecast adjustment] method in a real-time out-of-sample forecasting exercise, I find that it provides modest improvements in the accuracies of the forecasts for the GDP deflator and CPI, but not for other variables. The improvements ...
By Kerri Panchuk Improved employment figures and record home affordability levels could spawn a minor housing recovery this year, analyst Mark Fleming said Wednesday in the "CoreLogic MarketPulse ...
The World Bank upgraded its outlook for the global economy Tuesday, estimating that it will expand 2.6% this year on the strength of sustained growth in the United States. The bank's latest ...
The Wall Street Journal Economic Survey, also known as the Wall Street Journal Economic Forecasting Survey, could refer to either the monthly or the semi-annual survey conducted by the Wall Street Journal of over 50 economists on important indicators of the economy of the United States. [1] [2]
Blinder and Watson studied the comparative economic performance from Truman's elected term through Obama's first term in 2012. They excluded certain causes and identified some possible causes. [ 2 ] Excluded as causes were age and experience of the president, which political party controlled Congress, and quality of economy inherited (as ...