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Budget and Economic Outlook: Report to the Senate & House Committee on the Budget Annual Report 2015-2025
Contributor(s): Congressional Budget Office (Editor)

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 ISBN: 0160927439     ISBN-13: 9780160927430
Publisher: Government Printing Office
OUR PRICE: $14.40  

Binding Type: Paperback - See All Available Formats & Editions
Published: February 2015
* Out of Print *

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Additional Information
BISAC Categories:
- Political Science | Public Policy - Economic Policy
- Business & Economics | Budgeting
- Business & Economics | Forecasting
Age Level: 15-10
Grade Level: 10-5
Series: Budget and Economic Outlook: Report to the Senate & House Co
Physical Information: 181 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
NOTE: NO FURTHER DISCOUNT FOR THIS PRINT PRODUCT--OVERSTOCK SALE-- Significantly reduced list price while supplies last

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 Inflation
  • Forecasts by CBO and Revisions to Values for Real Gross Domestic Product
  • Labor Productivity and Hours
  • Growth in Real Output - 2-year Forecasts
  • Growth in National Output - 2 year Forecasts
  • Inflation Consumer Price Index - 2 year Forecasts
  • Difference Between Inflation in the Consumer Price Index (CPI) and the Inflation in the Gross Domestic Product (GDP) Price Index -2 year Forecasts
  • GDP Price Index -5 year Forecasts
  • Growth in Wages and Salaries - 5 year Forecasts
Related products:
Additional Congressional Budget Reports and Economic Analyses can be found here: https: //bookstore.gpo.gov/catalog/budget-economy/congressional-budget-reports-economic-analyses

Our Budget & Economy resources collection can be found here: https: //bookstore.gpo.gov/catalog/budget-economy
  • Inflation in Consumer Price Index - 5 year Forests
 
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