Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Economic forecasting is the process of ...

Forecasting skills take time and experience to develop. A small-business owner's ability to take past and current data and turn it into a prediction for the future can be invaluable for success.

The current state of the economy and where it might be headed in the near future is of utmost concern to entrepreneurs who are interested in launching new ventures. For example, if the economy is ...

Time series forecasts are used to predict a future value or a classification at a particular point in time. Here’s a brief overview of their common uses and how they are developed. Industries from ...

Once you start a company, it won't be long until you have to create your first financial forecast. This is a key planning tool that will guide your management team in day-to-day decisions and give ...

Sales forecasting—estimating the future sales of products or services based on historical data, market trends and other relevant factors—is important for any organization. According to Aberdeen, 97% ...

But using AI is still extremely tempting because the alternative is a computational atmospheric circulation model, which is extremely compute-intensive. Still, it’s highly successful, with the ...