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
Binding Type: Paperback - See All Available Formats & Editions Published: February 2015 * Out of Print * Click for more in this series: Budget and Economic Outlook: Report to the Senate & House Co |
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:
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
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