Tag: forecasts
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Hurricane Forecast Maps
In moving back to Philadelphia from Chicago, I have forsaken polar vortices for hurricanes and nor’easters. And this current weekend, it appears increasingly likely that the weather will be impacted by Hurricane Matthew, presently tearing its way through the Caribbean. So of course I am following projections and forecasts of just where this storm will…
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US Fed Forecasts
Organisations that forecast things are not often inclined to go back and review their forecasts against the actual results. So that makes today’s post from the Wall Street Journal fascinating. They reviewed the Federal Reserve’s forecasts for US GDP growth against the actual growth. And it turns out the Fed consistently overestimated US growth. From…