what is economic forecasting
This article's use of external links may not follow Wikipedia's policies or guidelines. Please improve this article by removing excessive or inappropriate external links, and converting useful links where appropriate into footnote references. Economic forecasting is the process of making predictions about the economy. Forecasts can be carried out at a high level of aggregationâfor example for GDP, inflation, unemployment or the fiscal deficitâor at a more disaggregated level, for specific sectors of the economy or even specific firms. 1 Overview.