The Congressional Budget Office (CBO) regularly evaluates the accuracy of its economic forecasts by comparing them with the economy’s actual performance and with others’ forecasts. Such evaluations help guide CBO’s efforts to improve the quality of its forecasts and are also intended to assist Members of Congress in their use of the agency’s estimates.
CBO’s Economic Forecasting Record 2010 Update:
CBO’s Economic Forecasting Record 2010 Update
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