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CBO’s Economic Forecasting Record: 2021 Update

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  • Congressional Budget Office

Abstract

CBO evaluates its two-year and five-year economic forecasts from as early as 1976 and compares them with analogous forecasts from the Administration and the Blue Chip consensus—an average of about 50 private-sector forecasts.

Suggested Citation

  • Congressional Budget Office, 2021. "CBO’s Economic Forecasting Record: 2021 Update," Reports 57579, Congressional Budget Office.
    • Handle: RePEc:cbo:report:57579
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    File URL: https://www.cbo.gov/system/files/2021-12/57579-forecast-record.pdf
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    More about this item

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General

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