Forecast

Forecast, Forecasting
Forecasting involves estimating future trends. Stock market forecasters try to predict the direction of the stock market by relying on technical data of trading activity and fundamental statistics on the direction of the economy. Economic forecasters attempt to predict the strength of the economy, utilizing complex econometric models to make specific predictions of future levels of inflation, interest rates, and employment.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.