206k views
15 votes
100 POINTS!!!!!!

How does forecast information get to other government and business entities and to the public?

2 Answers

9 votes

Answer:

Step-by-step explanation:

There are many forecast information provided by government agencies. Since the question mentions business entities, it is likely related to economic forecast; like the quarterly report from the Federal Reserve Bank. That is usually how forecast info is shared: through released reports, public announcements, and printed sources like the Federal Register papers.

User DrCord
by
5.7k points
11 votes

Answer:

Forecasting is valuable to businesses because it gives the ability to make informed business decisions and develop data-driven strategies. ... Past data is aggregated and analyzed to find patterns, used to predict future trends and changes. Forecasting allows your company to be proactive instead of reactive.

User Khaled Awad
by
5.3k points