How CBO Produces Its 10-Year Economic Forecast: Working Paper 2018-02

Robert W. Arnold

No 53537, Working Papers from Congressional Budget Office

Abstract: As part of its mandate to provide nonpartisan analyses to assist economic and budgetary decisions by the Congress, CBO prepares an economic forecast twice per year. Those forecasts are used in the agency’s projections for the federal budget and cost estimates for proposed federal legislation. Forecasts of gross domestic product, inflation, interest rates, and income play a particularly significant role in the agency’s budgetary analysis; for example, projections of wages and salaries are used to forecast individual income tax receipts. This paper describes the process used

JEL-codes: E17 (search for similar items in EconPapers)
Date: 2018-02-02
New Economics Papers: this item is included in nep-for and nep-mac
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://www.cbo.gov/system/files/115th-congress-20 ... 537-workingpaper.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbo:wpaper:53537

Access Statistics for this paper

More papers in Working Papers from Congressional Budget Office Contact information at EDIRC.
Bibliographic data for series maintained by ().