We also believe the PC industry may be resetting to a new baseline and that full year industry growth estimates will be reduced.
Far better would be statutory limits on spending increases and debt as a share of GDP, sequesters that automatically cut spending if Congress exceeds those limits, supermajority rules for replacing those limits, and revisions of the budget baseline so that each year's budget begins at last year's spending levels, not with automatic increases.
Forbes' media reporter Lacey Rose, after talking to analysts at SNL Kagan, increased ESPN's projected subscriber-fee growth rate from Trefis' baseline 1.5% a year to 8% a year.
The NFL implemented baseline testing for its players last year.
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Talk to me about your expectations for gross margins and ASPs for the company next year, again, your baseline view vs. an upside view.
The cuts, called sequestration in their first year, would lower the baseline for defense spending through 2021 in a manner certain to eventually squeeze defense-industry profits.
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Auto sales would decline, from the strong 14 million-unit sales pace expected in the baseline case to 13.6 million this year and 12.9 million in 2013.
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Having squandered a break point at 3-2, Nadal earned two more when Murray shanked a forehand beyond the baseline and clinched it when the 21-year-old sent a routine smash long - to horrified gasps from the crowd.
Soderling's disappointing movement and shot selection meant he was only rarely likely to get the better of Federer from the baseline, so it was fortunate for the 24-year-old that he found some rhythm on serve and was able to level at 1-1.
The beneficial impact on employment in the short and medium run (relative to the no-reform baseline) is estimated to be approximately 500, 000 each year that the effect is felt.
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Casanova, who has risen from 348 at the start of the year to 69, did little more than stand on the baseline and hit hard, but that was enough to overcome Henin.
Using the same data but carrying out a slightly different analysis, Nasa said it was the 9th warmest year with temperatures 0.6C warmer than the mid 20th century baseline.
But the rest of its budget would see a reduction of about 13% in one year, on top of previous cuts, and the reduced spending baseline would then remain in place for the rest of the decade.
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According to their baseline scenario, U.S. GDP is expected to grow just 2.2% this year and 1.8% in 2013.
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The larger fiscal issue here is whether this spending bonanza will become part of the annual "budget baseline" that Congress uses as the new floor when calculating how much to increase spending the following year, and into the future.
From 2003 through 2006, when he won the title each year, Federer didn't hit fewer than 38% of his shots from inside the baseline in any of the 24 matches for which data is available.
By the end of last year, U.S. CO2 emissions were already down 10.5 percent from the 2005 baseline.
At present, my baseline outlook involves a period of sluggish growth, followed by a somewhat stronger pace of growth starting later this year as the effects of monetary and fiscal stimulus begin to be felt.
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