The output estimate comes from the CEO of the Italian oil giant Eni, the largest foreign operator in Libya.
The output is only an estimate and not a guarantee of the actual amount the student may be charged.
After several years of higher investment, we estimate that output would increase by about 8%, that employment would increase by about 3%, and that wages would increase by about 5%.
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The estimate for construction output is based on published data for the first two months of the quarter, and an estimation for the third month.
Indeed, because they have little hard economic data for June, they had to use informed guesswork to estimate how much output fell in the month.
Fitch now expects debt to reach 130% of output in 2013, up from its previous estimate of 125%.
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Manufacturing output is surging and GDP growth could exceed the current estimate of 2.5% by a full percentage point.
Regular readers will be thrilled that our old friend, the construction sector, is in the frame again - the sharp fall in output in this sector in December is very much an estimate, which some consider a little fishy.
The company said it would add 336, 000 barrels of new oil output a day in Brazil this year, down from its previous estimate of 480, 000.
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Earlier this year, staff at the Federal Reserve also marked down their estimate of the country's potential GDP and the output gap in response to the surprisingly steep drop in unemployment.
We also thought they would probably cut or leave unchanged their estimate of spare capacity in the economy (the "output gap") - again, on the basis of their calculations in March.
For some, that is another reason to take this first estimate with an extra dose of salt: service sector output is especially hard to measure accurately, even without all these special factors being thrown into the mix.
In effect, the IMF split the difference last week, with its estimate that fiscal tightening had caused Britain's national output to be 2.5% smaller than it would have been (though the Treasury would claim that some of that effect was incorporated in the original forecast).
Superstorm Sandy, which struck the Northeast in late October, likely had a bearing on fourth-quarter output, but the Commerce Department wasn't able to provide an estimate of its effect on GDP.
One major bank, Barclays Capital, put out a research report this week offering a specific estimate, saying it looks for a decline in 2011 global output by 300, 000 metric tons, or 1.9%, to 15.8 million tons.
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It is quite possible that the economy is stronger than the official statistics suggest: in fact, we already know that construction and industrial output were stronger in June than the ONS expected when they came up with their first estimate for the change in GDP in the second quarter.
If emerging markets keep on growing three percentage points a year faster than America (a conservative estimate), they will account for two-thirds of the world's output by 2030, reckons Mr Subramanian.
Although the latest reading is above the preliminary "flash" estimate of 47.9, the sub-50 reading still means private-sector output in the 17-nation currency bloc contracted in December.
For the fourth quarter as a whole, manufacturing output rose at an annual rate of 1.9 percent, a significant improvement from the earlier estimate of a slight 0.2 percent rate.
The Office for National Statistics, which produces the figures, did not have access to the industrial output, which includes energy production and mining, when it made its initial second-quarter GDP estimate.
Output growth slowed to an annualised rate of 2.4%, according to the government's initial estimate, down from a 3.7% rate during the first quarter.
The latest estimate from the National Institute for Economic and Social Research, released on 7 September, suggested that output grew by 0.2% in the three months ending in August.
The dollar firmed on November 29th as new figures showed output was up by 2.2% at an annual rate between July and September, compared with the original estimate of 1.6%.
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