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" ... According to forecaster LMC Automotive, the crash in global car sales earlier in the year and the subsequent powerful recovery, augurs well for the industry, particularly as China, the world’s biggest market, was leading the way. Also, the circumstances of the coronavirus have rebounded in favor of the car because of its private, sealed nature and its immunity from contact with the general public. ... "
" ... Any market forecaster is going to feel just a touch haunted by 2020. Until early March, I was cheerfully giving client and conference presentations with optimistic prognostications for the year ahead: stronger air travel growth, the 737 MAX return to service, business jet output growth, etc. Instead, we got the worst civil aviation market downturn in history. ... "
" ... GDP Growth Seen Slowing After Strong Q1: Even as the Q1 gross domestic product ended up at 3.1% according to the government’s final estimate, the Atlanta Fed’s GDP now forecaster came down a notch this week to 1.9% for the current quarter. That’s down from its previous 2% estimate, and reflects this week’s durable goods orders and advance goods trade balance. The GDP now is actually above the 1.6% average prediction of analysts surveyed by The Wall Street Journal. If Atlanta Fed’s prediction proves right, Q2 would represent the weakest U.S. quarterly GDP growth since Q1 2017 more than two years ago. The last quarter worse than the WSJ economists’ 1.6% projection was Q1 2016. ... "
" ... Metaculus is differentiated by our powerful data science capabilities and highly technical forecaster community, which is why we are the best equipped for this kind of advanced tech + science forecasting. ... "
" ... Ultimately, retail forecasts are only as good as the data that goes into them, and in that regard, Haller believes every retail forecaster suffers from inadequate reporting on consumer spending. The government provides three sources of consumer economic data and none of them line up adequately. ... "