World Perspectives

Hijacked by Bears

Respondents to our recent online survey regarding expected U.S. economic growth this year were decidedly on the bearish side (see graph below). A sub-par 2.0 percent expansion implies more hurt from the sequester than is perceived on Wall Street. The sequester has most forecasters predicting U.S. GDP growth in 2013 at 2.4 percent, while investment guru Bill Gross just raised his prediction to 3.0 percent. This may really bring out the pessimists, but please go www.worldperspectives.com and provide an outlook on the European economic situation. Will it bump along, melt down or something else?...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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