The globalization of business and the ubiquity of available data in the information age are the driving forces behind the increasing importance of economic forecasting. This text emphasizes the application and practical use of such techniques rather than their theoretical grounding.

Few forecasters and even fewer managers will have had the luxury to remain fully informed of the new developments in this rapidly expanding field. Meanwhile, the importance of accurate forecasting to every realm of corporate strategy--production, inventory, purchasing, accounting, marketing, finance, and acquisitions decisions, to name a few--has increased exponentially due to the proliferation of data, the heating up of global competition, and the softening of many markets. No one today can afford to remain ignorant of the importance of economic forecasting for business decisions.

Preface
Forecasting for Management Decisions in an Information Age
Data Patterns and Choice of Forecasting Techniques
The Macroeconomy and Business Forecasts
Data Collection and Analysis in Forecasting
Forecasting with Smoothing Techniques
Forecasting with Simple Regression
Forecasting with Multiple Regression
Advanced Regression Methodologies in Forecasting
The Box-Jenkins Method of Forecasting
Econometric Modeling and Econometric Forecasting
Communicating Forecasts to Management
Appendices
Subject Index.