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.

  • Per the December 2021 UCLA Anderson Forecast, GDP is not expected to reach the pre-COVID trend until the third quarter 2022.

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

  • The carrying amount of the Group’s financial assets at fair value through profit or loss for Level 2 securities, including Level 3 mutual funds and loan and receivables, which are pegged to the Bahamas Prime Rate, would increase/(decrease) by $651,326/($651,326), if these investments in securities experienced returns of +10% and -10%, respectively.

  • Figure 8.1.1. Forecast GDP growthIn real terms, as at June 2011Source: Treasury and Resources Department 8.1.2. Operating balance as a percentage of GDPThroughout this report, reference is made to the overall deficit position, as this is the version of the deficit of most economic interest.

  • Forecast GDP growth results in employment gains throughout the study period in both the industrial and commercial sectors.

Related to Forecast GDP

  • Forecast shall have the meaning set forth in Section 4.2(a).

  • PJM Region Peak Load Forecast means the peak load forecast used by the Office of the Interconnection in determining the PJM Region Reliability Requirement, and shall be determined on both a preliminary and final basis as set forth in Tariff, Attachment DD, section 5.

  • 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;

  • 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.

  • 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 quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

  • System Revenues means all rates, rents, fees, charges,

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

  • Budgets has the meaning set forth in Section 2.12(b).

  • Swap Specification means, with respect to any Swap, the Rules or other trading protocols containing specifications for such Swap, as adopted, amended, supplemented or otherwise modified from time to time by BSEF.