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- All Subjects: Economic forecasting
- All Subjects: Hydrological forecasting
- Creators: The Pride Publishing Company
The Western Blue Chip Economic Forecast, which now incorporates the Arizona Blue Chip Forecast, focuses on the changing economies of 12 Western states: Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The Western employs the proven accuracy of the consensus forecasting method brought to prominence by the late Robert J. Eggert, often referred to as the "Sage of Sedona." Forecasts are compiled by website editor Lee McPheters, research professor of economics in the W. P. Carey School of Business, who has studied the Western region for over two decades.
The Greater Phoenix Blue Chip provides quarterly consensus projections on general economic indicators and key construction measures from economists and real estate analysts and executives in the Phoenix metropolitan area. The construction forecasts are compiled in cooperation with Elliott D. Pollack and Company, a leading economic and real estate consulting firm based in Scottsdale, Arizona.
Published monthly, Mexico Consensus Economic Forecast offers a comprehensive outlook for the Mexican economy; covering 12 macroeconomic variables over a 2 year forecast horizon. Forecasts are provided by leading economists whose individual views are shown together with the average (mean) forecast. In addition, our analysis includes 6 years of historical data for these same variables as well as written analysis, charts and sentiment indicators.
In support of the Climate Assessment Project for the Southwest, a review was conducted of the current state of weather, climate, and hydrologic forecasting for the Southwest. A key element of the review was a workshop that examined the availability, use, accuracy, and value of forecasts, with participants consisting primarily of agency personnel involved in operational forecasting via directly issuing forecasts, providing key data for making forecasts, or serving as a key link for communicating forecasts. The broad range of forecast products encompasses myriad variables, time-scales from minutes to seasons, and lead-times from minutes to over a year. Current forecast products and techniques are reviewed, and implications for use in decision making are discussed. The forecast review identified needs for additional research to be addressed by the CLIMAS Project, including local evaluation of monthly and seasonal climate outlooks, retrospective evaluation of operational water supply outlooks, hindcast reanalysis of probabilistic water supply outlook techniques, and incorporation of climate outlooks into statistical water supply outlook techniques.