Since 1976, Blue Chip Economic Indicators has surveyed America's top
business economists, collecting their forecasts the U.S. economic growth,
inflation, interest rates and a host of other critical indicators of future
business activity. We then published the panel members' predictions along with
an average, or consensus, of their forecasts for each variable. We've done
this because studies have repeatedly shown that combining the predictions of
many forecasters yields more accurate results over time than reliance on any
single forecaster.
This valuable CD-ROM with comprehensive ExcelTM files contains all the
consensus forecasts of U.S annual economic activity published monthly in
Blue Chip Economic Indicators since 2002. Separate tables for each
calendar year contain 24 sets of consensus forecasts, plus an average of the
10 highest and the 10 lowest forecasts for each variable, resulting from our
monthly survey of prominent business forecasts.
The files are an invaluable tool for researchers that wish to test the ability
of forecasters to accurately predict future trends in economic growth,
inflation, industrial production, personal consumption, housing starts,
interest rates and other indicators of economic activity.
