Forecast GDP definition

Forecast GDP means the average forecast for British Columbia’s real GDP growth made by the Economic Forecast Council and as reported in the annual February budget of the government;
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Forecast GDP means the average forecast for British Columbia‟s real GDP growth made by the Economic Forecast Council and as reported in the annual February budget of the government;
Sample 1
Forecast GDP means the average forecast for British Columbia’s real GDP growth made by the Economic Forecast Council and as reported in the annual February budget of the government; “Fiscal year” means the fiscal year of the government as defined in the Financial Administration Act [1996 S.B.C.] c. 138 as ‘the period from April 1st in one year to March 31st in the next year’; “Calendar year” is a twelve (12) month period starting January 1st and ending December 31st of the same year based upon the Gregorian calendar.
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Examples of Forecast GDP in a sentence

  • Chart 2 – GDP Growth Forecast GDP growth has slowed materially reflecting weaker global growth, driven by trade protectionism, and Brexit uncertainty.

  • In determining the Revenue Growth for the Company or applicable profit centers during the Performance Period, the percentage of Revenue Growth will be adjusted by the difference (positive or negative) between the Forecast GDP Growth minus the Actual GDP Growth, but such adjustment will be made only if the difference is greater than ±1.0%.

  • Forecast GDP growth of 4%, with further contraction possible dueto tightening monetary policies to tackle significant inflation pressures.100% downside5,171Assumes a moderate but reasonable level of portfolio stress.100% severe downside6,041Assumes a more severe and prolonged downturn including elevated levelsof unemployment and GDP decline.

  • The global financial crisis then saw trade growth fall by rates not seen since the Great Depression.Figure 1: Average global GDP and trade growthTotal trade volume 2011 Trade Forecast GDP, constant prices8% 8%7% 7%6% 6%5% 5%4% 4%3% 3%2% 2%1% 1%0% 0%1980-1989 1990-1999 2000-2007 2008-2011 2012-2015 2015Source: IMF World Economic Outlook, September 2011 and April 2016Since the global financial crisis, trade growth has been subdued (Figure 2).

  • Per the September 2021 UCLA Anderson Forecast, GDP is not expected to reach the pre-COVID trend until the third quarter 2023.According to the Forecast, growth in services is expected to be the driver of GDP growth.

  • Figure 9 -Utah Manufacturers Demand Forecast GDP ScenariosUtah Economic ActivityThe strength of the Utah economy was noted in the initial forecast and the forecasters felt that this positioned the state well for the challenges of the pandemic.

  • Figure 1: Forecast GDP decline in 2020: July 2020 Commission forecast (percentage points) Italy Spain Croatia France Portugal Greece Slovakia Belgium Ireland Czech.

  • According to the performance-based philosophy, this kind of application can be possible since structural steel members have certain inherent ability to resist fire.

  • However, in most cases, the exclusive right to import is not fixed by terms of contract.

  • Forecast GDP growth is 2.1% in 2017 and 2.2% in 2018, which is two tenths lower than predicted in our last estimate.

Related to Forecast GDP

  • Forecast has the meaning set forth in Section 4.1.

  • Forecast Period means the period of three calendar months for which a Forecast is provided;

  • financial service supplier means any natural or juridical person of a Party wishing to supply or supplying financial services but the term “financial service supplier” does not include a public entity;

  • forecast prices and costs means future prices and costs that are:

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Model Year means the CI engine manufacturer’s annual production period, which includes January 1st of a calendar year, or if the manufacturer has no annual production period, the calendar year.

  • Projection means prospective financial statements that present, to the best of the responsible party’s knowledge and belief given one or more hypothetical assumptions, an entity’s expected financial position, results of operations, and changes in financial position or cash flows that are based on the responsible party’s assumptions reflecting conditions it expects would exist and the course of action it expects would be taken given such hypothetical assumptions.

  • Biodiesel fuel means a renewable, biodegradable, mono alkyl ester combustible liquid fuel derived from agricultural plant oils or animal fat such as, but not limited to, soybean oil. For purposes of this definition, “biodiesel fuel” must also meet the specifications of American Society for Testing and Material Specifications (ASTM) D 6751-02, “Standard Specification for Biodiesel Fuel (B100) Blend Stock for Distillate Fuels,” and be registered with the U.S. Environmental Protection Agency as a fuel and a fuel additive under Section 211(b) of the Clean Air Act, 42 U.S.C. Sections 7401, et seq. as amended through November 15, 1990.

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Business Plan means the information required to be supplied to the