Macroeconomic Forecasts

Macroeconomic Forecasts

Kristen Tranmal
Econ533
Yohannes Mariam
May 7, 2003

Macroeconomic Forecasts
Macroeconomic forecasts are means to interpret what has happened in the past and predict what will happen in the future based on current events and potential future events. The use of such forecasts must be done with caution, as they are just that –forecasts. The information provided below was obtained to provide You Called Cellular with information pertaining to the national economy as well as what is being predicted for the future. It is these forecasts that will be used to evaluate current operations along with future operations.
Indicator Forecast 1 Forecast 2 Forecast 3 Average
2003 2004 2003 2004 2003 2004 2003 2004
Real GDP 2.7 3.6 3.1 4.7 1.9 3.3 2.56 3.86
CPI Inflation 2.3 2.6 2.3 2.4 3.0 3.0 2.53 3.27
Unemployment Rate 5.8 5.3 ...