| Economic Forecasts | |
The following institutions provide regular economic forecasts. In the case of Banks these forecasts are found in major economic reports- Monthly and quarterly round ups and statistics for recent forecasts are usually found in current commentary produce by the banks at the time the statistics were released. NB you will need an Adobe PDF reader in order to view many of the Banks publications.
Commonwealth Bank of Australia (Home) Commentaries available in PDF Format The News and Information section on section on the Comsec site contains daily and weekly summaries form the Commonwealth. These often contain Economic Forecasts. Comsec News and Information.
ANZ Home Often publish forecasts with reports on major events such as the budget. These are usually found in Economic Briefs and Economic Research, The site offers arguably the most comprehensive Australian economic research available on the Internet. Students should read their Jobs Ads series and the ANZ Economic outlook. These contain heaps of forecasts.The ANZ also publishes an Economic Snapshot which is an excellent brief reference on the Australian Economy. It also contains their forecasts.
Westpac The Westpac forecasts can be accessed through their Westpac Media section and includes a commodity forecast. Most files are available in PDF. Westpac publishes an Economic Calender, equity,commodity property reviews and forecasts. All of these have their uses in the classroom. Westpac weekly economic update often carries forcasts as well.
National Australia Bank Home Choose the media tab then Economic Commentary link on the NAB home page and this will direct you to the section of the NAB site that offers their daily weekly and other economic surveys. These usually contain economic forecasts and discussions of the policy implications of current economic trends. Reports on the NAB's surveys of business confidence can also be found here. There are many publications accessible from this page that teachers may find useful for dealing with topical issues. Teachers should note that NAB MARKETS website only allows customers to access their research.
Access Access Economics do not make a great deal of information available online, however samples and summaries of some of their recent publications can sometimes be found. Teachers will find many of the sample consultancy reports interesting examples of practical economics at work.
Treasury Treasury regularly print their economic forecasts both the Budget papers see Budget Statement Number two for a comprehensive table outlining their forecasts for the year ahead. This table is also published in the Budget Overview. All these documents can be downloaded from the Government's Budget site. Forecasts are regularly updated in economic roundup and in the National economic and fiscal outlook available from the budget site. Quarterly updates are often found in Economic Round Up now published online in the Business Section of the treasury site.
Macquarie Macquarie produce an equities report a foreign currency report and current economic reports. Economic Reports are in the Marketwatch section of the Macquarie site. There is a link to this section of the eprsonal page. Teachers who wish to use the Macquarie site will find it easier to access their report through the site search engine rather than through the above link. Most Macquarrie reports require users to log in, however many may be accessed without logging in via the search engine.
Foreseechange.com ForSeechange. com is a private consulting company that makes occaisonal forecasts available in the form of powerpoint presentations for the public. The site contains many interesting examples of applied statistics that teachers may find interesting. For example attempts to predict lifestyle changes. This site is irregularly updated and contains much dated material.
The institutions listed below occasionally publish economic forecasts in their economic commentary on an irregular basis. Many of these institutions will publish forecasts and regular economic commentary around the time of major economic events such as the Budget.
Adelaide Bank Bank SA Produce occaisonal SA and Australian Economic reports. Site content however changes frequently and hence these are not always available.
BankWest Offer a wide range of economic Reports and some forecasts in the Economics Section of their site. This section runs of the Business link on their home page.
St George Home St George produce Monthly Economic Reports and a Morning Report of overnight developments. These contain some forecasts. A link to economic commentary is available on the main page.
ABARE Homepage ABARE Economics ABARE has greatly improved its web provision of both forecasts and statistics over recent years. ABARE now publishes detailed commodity, agircultural and economic forecasts on its web sites and makes much of the commentary from its outlook conference available online. The press and other media releases from ABARE are particularly relevant to students of the Australian economy in the current economic context of a mining boom. ABARE also publishes many statistics on its economics web site. Of note to secondary teacher is its summary spreadsheet market monitor. This contains summaries of changes in key exchnage rates and commodity prices.
OECD Home The OECD 's Economic Outlook contains both global and National Economic Forecasts. Frequently the OECD's preliminary estimates may be downloaded for free and comment and statistics on these issues are available on their website. The OECD's produces a leading composite inidcator for OECD countries and this provides an interesting basis for discussion of how global economic trends may impact on the Australian Economy. Teachers should check the Economics and Statistics sections for these materials. Use the Browse menu on the OECD home page to find these resources.
IMF Check the IMF's world economic survey and country reports. These contain commentary and forecasts for the Australian and Global Economy. Most current comment may be found here IMF Publications Teachers may also find useful material in the bi weekly IMF survey and the speeches produced by IMF economists. Teachers interested in economic development can access current issues of Finance and Development from the IMF site and many of their news briefs and discussion papers are also available for download.
United Nations Home The United Nations provides a great deal of material on the world economy check the links that follow. UN Reports on the World Economy|UN Economic and Social Development Page | United Nations Statistics. Teachers interested in the National Accounting Framework used by the ABS can read SNA93 the current UN statistical standard used by the ABS at SNA comments.
The World Bank also offers some forecasts online however the material here is not easily accessible to students. The Macro Economics section of its site offer many articles on issues in growth that teachers will find interesting. Teachers can also access and download parts of the World Bank's World Development Indicators from the data section of this site. These provide a much broader and deeper perspective for inter country comparisons than is available by using National Accounts data alone. Parts of the WB Global Economic Prospects publication may be accessed online and offer economic outlook statements. Useful because they include a wide range of economies. These are accessed through the Prospects link on the data and research home page.
The Conference Board provides a range of current economic forecasts and reports for Australia and the Global Economy.
Citibank Hong Kong Publishes a market outlook statement from its home page. This usually covers the globe in point form and often contains economic forecasts. Citibank is a global bank and similar forecasts are available from some but not all of its branches world wide. An excellent source of economic commentray generally is the citibank site in the US.Choose Investing and then the link to economic reports.
Bank of America Home Currently its main reports are only available to its customers. From time to time however BOFA published some economic comment in its newsroom section.
JP Morgans Home JP Morgans provides a global economic overview which sometimes includes Australia .Try Global Economic Forum Stephen Roach provides regular commentary on the global economy along with other economists from JP Morgan. This is one of the most famous economic forums on the Net and mucm material here is relevant to any student of economics. GEF also can be viewed as video and as a podcast.
Dr Ed Yardeni network This site is also a famous source of online economic comment. Dr Yardeni will give access to people from educational insitutions on request. This site provides comprehensive coverage of the global and US economy.
Barclays Global Investor This section of the Barclays site offers a wide range of market comment and forecasts in English. Choose Australia and the selection of reports will appear.
UBS offers an excellent range of economic updates including Global Economic Forecasts from its US site. They cover 4x and equities as well as the Global Economy. These are found on the home of page of their site: see research updates.
Financial Forecast Centre This is a comprehensive site containing a huge range of economic forecasts. They range from short to long term and cover growth, through currencies to the major equity indicies.
Wells Fargo The Wells Fargo site carries a US economic outlook commentary. Users will find access to economic research from the Home Page if you choose Commercial>Market Commentary.
The Whitehouse Economic Statistics Briefing Room a comprehensive set of statistics on the US economy. The council of Economic Advisors section of the whitehouse web site offers discussion and access to official US forecasts.
National Bureau for Economic Research. This is one of the best US Economy sites on the internet. It offers data and soem forecasts. The proceedings of the US Business Cycle dating committee are reported here and official declarations of recessions and booms are made in the NBER reporter.
Useful for teachers and a useful source of data on the US economy for some students. Bureau Economic Analysis Great source of statistics on the US economy if you want some background.
Dismal Scientist an excellent site for current economic affairs but unfortunately it requires users to subscribe for an annual rate of $400 plus US. In time this may become affordable if the AUD continues to rise. Their newsletter is available for free.
US Federal Reserve Check Humphrey Hawkins, Beige Book and Alan Greenspans speeches these are available in the Monetary Policy section. Teachers will also find some excellent current resources at the NY Federal Reserve.
Bank of England Inspect the Inflation report and Monetary Policy Commentary
BundesBank English See the Monthly report and Statistics BundesBank Home
Bank of Japan See Monthly Report available in English and see Bank of Japan Statistics
The Bank of International Settlements A useful source of financial statistics and excellent papers on Monetary policy. In the Banks Annual Report, speeches made by officials some forecasts may be found . See their publications section. The BIS site is more appropriate for teachers than students. Itcontains an exhaustive directory of central banks web sites globally. These are often in English and usually are excellent sources of economic commentary.
Peoples Bank of Republic of China (English) This section of the PRB web site provides access to change in Chinese Banking regulations, statistics and current monetary thinking. Well worth a browse! This site is however very slow.
Japan Center for Economic Research This site provides both forecasts and commentary on the Japanese economy . English Section Cabinet Office Economic Section Contains statistics inlcuding forecasts and material on Japanese Economic Policy. MITI MInistry of International Trade and Industry Economic and Social Research Insitute offers current economic indicators and extended discussion on Japanese Economic Policy. A great deal of current economic data and some forecasts for Japan may be fiound at the Japanese Ministry of Finance. MITTI Ministry of International Trade and Industry. Here you will find current details of Japan's External Economic Policy.