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Methods explained: forecasting

Author

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  • John Wood

    (Office for National Statistics)

  • Duncan Elliott

    (Office for National Statistics)

Abstract

Outlines the contexts where foreecasts are required, describes the techniques used and examines some issues faced by ONSThe Office for National Statistics (ONS) often makes use of forecasts in the production of its statistical outputs. The purpose of this article is to outline the contexts where forecasts are required, to describe the techniques used and to examine some of the issues faced by ONS when forecasting. Economic & Labour Market Review (2007) 1, 55–58; doi:10.1057/palgrave.elmr.1410188

Suggested Citation

  • John Wood & Duncan Elliott, 2007. "Methods explained: forecasting," Economic & Labour Market Review, Palgrave Macmillan;Office for National Statistics, vol. 1(12), pages 55-58, December.
  • Handle: RePEc:pal:ecolmr:v:1:y:2007:i:12:p:55-58
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    Cited by:

    1. Weigand Roland & Wanger Susanne & Zapf Ines, 2018. "Factor Structural Time Series Models for Official Statistics with an Application to Hours Worked in Germany," Journal of Official Statistics, Sciendo, vol. 34(1), pages 265-301, March.

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