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Forecasting

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Forecasting
The process of analyzing current and historical data to determine Future trends.
    
Economic forecasting is the process of making predictions about the economy as a whole or in part.
    
Stock analysts use various forecasting methods to determine Future stock price movements, Earnings, etc. Economists use forecasting techniques in order to determine Future economic trends. Forecasting is used in the practice of Customer Demand Planning in every day business forecasting for manufacturing companies. The discipline of demand planning, also sometimes referred to as supply chain forecasting, embraces both statistical forecasting and a consensus process.
Posted by  LISA Life Insurance Settlement Association
 
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