What's the difference between forecast and outlook?

Forecast


Definition:

  • (v. t.) To plan beforehand; to scheme; to project.
  • (v. t.) To foresee; to calculate beforehand, so as to provide for.
  • (v. i.) To contrive or plan beforehand.
  • (n.) Previous contrivance or determination; predetermination.
  • (n.) Foresight of consequences, and provision against them; prevision; premeditation.

Example Sentences:

  • (1) October 23, 2013 3.55pm BST Another reason to be concerned about the global economy - Canada's central bank has slashed its economic forecasts for the US.
  • (2) Analysts have trimmed their profit forecasts for this year with trading profits of £3.3bn pencilled in compared with £3.5bn in 2012-13.
  • (3) The company said it was on track to meet forecasts for annual profit of about £110m.
  • (4) New developments in data storage and retrieval forecast applications that could not have been imagined even a year or two ago.
  • (5) The Met Office has had to revise its forecast on previous occasions.
  • (6) The public finance forecasts are linked to those growth predictions, since stronger growth means healthier tax receipts and lower spending on unemployment benefit and other welfare measures.
  • (7) Unemployment is forecast to rise to 8.3% in 2013, against a backdrop of 0.9% growth.
  • (8) Given how Bank forecasts have been all over the shop, it is possible that the Old Lady's spreadsheet wizards could scupper Mr Carney's plans by spying a speck of price pressure and panicking about it turning into a giant inflationary boulder.
  • (9) The ONS said it was possible that these one-off items and a rise in tax receipts in January could bring the overall debt figure within the OBR's £80.5bn forecast.
  • (10) Only "a tiny minority" of countries presently control space technologies, which play a major role in everything from broadcasting to weather forecasting, agriculture, health and environmental monitoring, the document notes.
  • (11) An explanation of this in terms of terrestrial snail (intermediate host) populations and a suggestion for the possible use of these data in developing a predictive model for forecasting lungworm levels for use in in bighorn sheep management are given.
  • (12) 1: Good news It's been a scarce commodity throughout the Osborne chancellorship, but he will have a decent amount of it to dish round the chamber – notably lower inflation and higher growth than was being forecast a short while ago.
  • (13) In a 2013 Politifact interview , the author of the Urban Institute study, Stan Dorn, said: “It makes sense that as time goes by … health insurance coverage has greater impact on health outcomes.” The specific numbers might be hard to agree upon, and even harder to forecast if the Republican bill is passed.
  • (14) Dark Sky , for example, is a Kickstarter-funded iOS app that provides weather forecasting depending on your exact location.
  • (15) Updated at 11.51am BST 11.19am BST Germany revises GDP forecasts Germany's Bild newspaper reports that the Berlin government is raising its forecast for economic growth this year, to +0.8% of GDP, from +0.7%.
  • (16) ran one forecast in full, a none- too-subtle broadside at his editors.
  • (17) The weather forecast in Warsaw is for some showers on Wednesday, though Roy Hodgson has expressed concern over the time it will take to repair the surface, which was relaid only last week at a cost of £115,000 and was criticised after last Friday's friendly against South Africa.
  • (18) It forecasts the pressure on forests will increase as world population grows by more than 2.5 billion people in the next 40 years.
  • (19) Whether the incidentally reported increase in multiword responses in some normal elderly forecasts an approaching dementia needs further research.
  • (20) The paper is forecasting that bulks will be reduced to about 72,000 copies per day on average and daily paid-for circulation will be up to about 150,000.

Outlook


Definition:

  • (v. t.) To face down; to outstare.
  • (v. t.) To inspect throughly; to select.
  • (n.) The act of looking out; watch.
  • (n.) One who looks out; also, the place from which one looks out; a watchower.
  • (n.) The view obtained by one looking out; scope of vision; prospect; sight; appearance.

Example Sentences:

  • (1) It would be fascinating to see if greater local government involvement in running the NHS in places such as Manchester leads over the longer term to a noticeable difference in the financial outlook.
  • (2) With an increased understanding of the fundamental biologic characteristics of brain tumors, we should be able to improve the outlook for these patients.
  • (3) Moreover, the possibility that the situation in Europe will worsen further remains a significant risk to the outlook.
  • (4) Hopes that the Queen's diamond jubilee and the £9bn spent on the Olympics would lift sales over the longer term have largely been dashed as growth slows and the outlook, though robust with a growing order book, remains subdued.
  • (5) Yet the OBR’s list of basic assumptions in its 260-page report on the economic and fiscal outlook this week are not exactly controversial: the UK to leave the EU in 2019; slower import and export growth in the transitional period; a tighter migration regime.
  • (6) Chris Williamson, of data provider Markit, said: "A batch of dismal data and a gloomier assessment of the economic outlook has cast a further dark cloud over the UK's economic health, piling pressure on the government to review its fiscal policy and growth strategy.
  • (7) The study says: "The short-term outlook for the labour market looks bleak.
  • (8) McCall said the outlook remained uncertain: “The economic and operating environment remains uncertain, following the high levels of disruption and more recently the UK’s referendum decision to leave the EU, as well as the recent events in Turkey and Nice, which have affected consumer confidence.
  • (9) The author then describes new approaches to improving the vocational integration of persons with epilepsy, by focussing on the one hand on extending the range of occupational assessment, and the adoption of new job placement assessment, and the adoption of new job placement strategies on the other, which concurrently seek to influence those factors that are detrimental to the occupational outlook of the person with a seizure disorder (notably frequent seizures, psychiatric problems, low educational levels, negative employer attitudes).
  • (10) The IMF itself came under fire after it admitted in its World Economic Outlook report that officials had underestimated the effects of austerity measures on economic growth.
  • (11) Christine Lagarde, the IMF’s managing director, has made it plain that another downgrade is anticipated when the Washington-based organisation publishes its World Economic Outlook next week.
  • (12) When the critical early period, which still carries a high mortality, has been passed, the outlook is relatively favourable.
  • (13) The City regulator also used its Prudential Risk Outlook to reveal that the UK's biggest banks have been told they must have enough capital to withstand a plunge back into recession in the next four years.
  • (14) The "lock-in" effect is the single most important factor increasing the danger of runaway climate change, according to the IEA in its annual World Energy Outlook, published on Wednesday.
  • (15) It appears that the administration of rhGM-CSF allows this high-dose regime of chemotherapy to be given safely and the early encouraging response rate adds support to the concept that increasing the dose of doxorubicin improves the outlook for patients with advanced soft-tissue sarcomas.
  • (16) It is concluded that the heretofore pessimistic outlook regarding complete quadriplegia is unwarranted and that a more aggressive approach may result in a better functional outcome.
  • (17) Signs that large companies are ready to start spending some of the cash piles they have been sitting on while smaller firms are prepared to borrow to expand reflect a brighter outlook for sales.
  • (18) It would be a mistake to rush it.” But, while revealing disappointing trading figures for the Christmas period and a gloomy outlook for 2017 , Wolfson said he did not think Brexit jitters were stopping people from shopping: “It is more the fact that incomes are likely to be squeezed.” Next's gloomy 2017 forecast drags down fashion retail shares Read more Wolfson was one of a handful of senior business leaders to openly back Brexit but has said in the past that the referendum vote was about UK independence, not isolation, and the country should be aiming for “an open, global-facing economy”.
  • (19) In what is being hailed as one of the first tangible signs in a change of outlook for Greece, the European Investment Bank has also agreed to inject up to €750m into the cashed-starved Greek economy with immediate effect.
  • (20) An outlook is given on the contemporary theories referring to the role of copper in nutrition.