I'd say that these projections are lower than those of some forecasters, and higher than others.
Some forecasters now expect growth of more than 2% this year and 1.5-2% in 2004.
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Similarly, the specter of Labor Day has some forecasters predicting a hard landing for the U.S. economy.
This led some forecasters to predict that 100m people, half Indonesia's population, would be living in poverty and short of food.
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Some forecasters such as Forrester Research project that online retail sales will become a major thrust of total sales by 2016.
And fresh concerns about the economy have prompted some forecasters to cut estimates for 2012 ad spending despite expected boosts from political ads and the Summer Olympics.
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Government-bond markets are benefiting from the deteriorating economic outlook, which is leading some forecasters to predict both a recession and a brief period of deflation in 2009.
Some forecasters, such as the IMF, expect China's trade surplus to start widening again this year unless the government makes bold policy changes, such as revaluing the yuan.
Up to 3 inches of snow is possible in some places, forecasters warned.
Some very smart forecasters, such as Forbes columnist A. Gary Shilling and newsletter writer John Mauldin, think the U.S. is in a balance-sheet recession.
Some very smart forecasters, such as Gary Shilling and John Mauldin here, think a long-Japanese-like deflationary stagnation is a more likely scenario than a 1970s style stagflation.
Forecasters said some rain was possible in both fire areas on Sunday as well as gusty winds.
Then, there is the oddity that the forecasters may have some small ability to make their forecast a self-fulfilling prophesy.
Professional forecasters often apply some version of a Markov model in order to get a baseline and then incorporate other factors, such as barometric pressure, to improve accuracy.
In fact, the distribution map of Volt deliveries makes it seem like GM consulted with some long-range weather forecasters, many of whom, months ago, predicted that the upcoming winter in the eastern U.S. would be both cold and interminable.
Parts of England have seen some light snow overnight, as forecasters warn a second, heavier, band will fall across large areas of the UK in the afternoon.
Forecasters expect record snowfall for this time of year in some areas.
Forecasters now expect it to climb up to 12 feet above flood stage at some spots in Missouri and Illinois.
Some parts have received more than half the average rainfall for July in just one day, forecasters said.
Some people believe that this will continue, as more companies race for the Internet, but most forecasters expect a slowdown after next year.
Some fluctuations, with an overall slight strengthening, is forecast for the next 24 hours, and forecasters said Gustav could become a Category 5 hurricane within that period.
Forecasters said the storm, which began on Friday, could dump as much as three feet in some places.
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