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Meaning of “economic forecast” in the English Dictionary

"economic forecast" in Business English

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economic forecastnoun [C]

uk   us   ECONOMICS
a ​statement of what is ​judged likely to ​happen in the future of a particular ​economy: The ​Chancellor has ​stuck to ​optimisticeconomicforecasts. Revenue ​estimates in the ​proposedbudget were ​developed using a ​nationaleconomicforecast with a ​projectedrealgrossdomesticproductgrowthannualrate below 2%.
(Definition of economic forecast from the Cambridge Business English Dictionary © Cambridge University Press)
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