Perhaps the current situation is not happy making, but the forecast for the next year looks promising.
But that is a small change, relative to the big downgrade in the forecast a year ago.
You only have to look at the profits forecast for the year to see how behind we really are.
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The Italian economy, like that of much of the rest of continental Europe is stagnant, and the forecast for the coming year holds out little prospect of improvement.
However, with the iPhone doing well and Network Vision leading to cost savings, the company now sees itself exceeding the OIBDA forecast for the year on the high end.
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Meanwhile, they have reduced the odds of a double-dip recession to 15%, the lowest average forecast of the year, from 22% in September survey.
The company said fares would continue to rise next year, though capacity would only rise by 2-3%, down from the 4% rise forecast in the current year, due to the lack of new plane deliveries planned.
But shares rose as the company raised earnings forecast for the year based in part on strong results from its retail energy business (a trend we wrote about here).
The sell-off is die to the company cutting its dollar forecast for the year.
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In September, the government cut its growth forecast for the year to 2% - a figure that was still seen as too optimistic by markets even before the latest data release.
The recent eight year forecast published by the Bureau of Labor Statistics shows that 4.19 million jobs will be gained in the US in professional and business services, followed by 4 million health care and social assistance jobs, while 1.2 million will be lost in manufacturing.
Today the Reserve Bank slashed its growth forecast for the year from 3.25% for 2011 down to just 2%.
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The building-standards fiasco was one reason for the reduction in the government's growth forecast for the fiscal year to the end of March, from 2.1% to 1.3%.
For starters, the global economy seems to have become so unpredictable that the organisers ditched one of the forum's big opening events, the annual session making an economic forecast for the year ahead.
In the ten months to January, they were 7.8% higher than in the same period in 2003-04 bang in line with the budget forecast for the whole financial year.
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The program also contributed to a major expansion of new wind power capacity in 2009, despite the economic crisis underway. 10, 000 MW of new wind power capacity, more than double the capacity forecast at the start that year, came online in 2009.
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Rachel Hatch is a Research Director in the Ten-Year Forecast program at Institute for the Future, whose mission is to catalyze the global community to think more systematically about longer term futures.
At the beginning of the year, we forecast that an agreement among the Europeans regarding their sovereign debt situation would begin to gel by the Summer.
Analysts will watch closely to see if the computer-maker met its expectations for the year, which it raised last quarter on a forecast for stronger business spending as the year closed.
The company is maintaining its double-digit growth forecast for the full year 2012, and in the first two quarters it achieved 10% and 12% y-o-y growth, respectively.
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The company is maintaining a double-digit earnings growth forecast for the full year 2012.
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The company raised its forecast for the next fiscal year, saying it expects strong Medicare enrollments.
The government had initially forecast the deficit for the year at 5.1% of GDP.
The eurozone economy shrank by 0.1% in the third quarter of the year and is forecast to shrink again in the current quarter as downturns in the services and manufacturing sectors look set to continue.
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For the current year it forecast a YoY rebound of 45.7% and sweetened the expectation by raising its dividend payout ratio range from 20-40% to 30-50%.
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Pantyushin wrote in a note to clients this week that the investment bank expects Russian budget deficits to return in 2012, and forecast the full-year figure at 600 billion roubles or just 1.0% of GDP.
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He also cut his gross margin forecast for the year to 40.5% from 41.2%, while chopping his operating margin forecast to 15%, from 19%.
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The company forecast that fiscal year profits for 2011 will be offset by 20 cents per share due to the rising price of arabica coffee beans.
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We forecast the number of 20-year-olds that would enter the workforce vs. the number of 63-year-olds that would exit, what we call the Inflation Forecast.
The government's forecast that shrinkage for the year can be kept to 10% seems optimistic.
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