Fort Wayne Focused News Today

Forecasting economy guesswork SHERRY SLATER | The Journal Gazette Useless – thats how one Indiana University economist described turning this year to the procedures he typically uses to craft an economic forecast. “Patterns from our history of normal business cycles are essentially irrelevant,” said Willard Witte, associate professor emeritus of economics. “What we are left with is pure guesswork.” Witte is among the experts the Indiana Business Research Center calls on each year to p...