Projections

A More Accurate & Richer Way to Think about Economic Growth, Budgets, & Other Forecasts

February 9, 2012 Economics

In the past four years, Nate Silver has done more than anyone else I can think of to bring the world of probability and statistics to the realms of politics. Oh, everyone reads polls, but Silver introduced a wider audience to many subtleties and to how to combine multiple polls into richer and more reliable […]

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GASB Proposal to Require State & Local Governments to do Five Year Cash Flow Projections

December 19, 2011 Cash

Thanks to Lisa Henty, from the Orange County, NC Budget Office, for reminding us that the Government Accounting Standards Board (GASB) is seeking public comment on a Preliminary Views proposing that state and local governments prepare financial projections to better present their economic conditions. From the December 6, 2011, GASB press release: The GASB is […]

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