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Please note that this is a summary of published material reflecting the views of the forecasting organisations themselves and does not in any way provide new information on the Treasury’s own views. It contains only a selection of forecasters, which is subject to review.
No significance should be attached to the inclusion or exclusion of any particular forecasting organisation. HM Treasury accepts no responsibility for the accuracy of material published in this comparison.
This month’s edition of the forecast comparison contains short-term forecasts for 2025 and 2026.
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TwitterLondon’s Economic Outlook is GLA Economics’ London forecast. The forecasts are issued every six months to assist those preparing planning projections for London in the medium term. The report contains the following:
Provided below are links to the current and previous versions of GLA Economics' medium term forecast for the level and growth rate of London's GVA, employment, household income and household expenditure. Forecasts for the growth and level of employment and GVA for selected sectors of the economy are also included.
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TwitterEach month we publish independent forecasts of key economic and fiscal indicators for the UK economy. Forecasts before 2010 are hosted by The National Archives.
We began publishing comparisons of independent forecasts in 1986. The first database brings together selected variables from those publications, averaged across forecasters. It includes series for Gross Domestic Product, the Consumer Prices Index, the Retail Prices Index, the Retail Prices Index excluding mortgage interest payments, Public Sector Net Borrowing and the Claimant Count. Our second database contains time series of independent forecasts for GDP growth, private consumption, government consumption, fixed investment, domestic demand and net trade, for 26 forecasters with at least 10 years’ worth of submissions since 2010.
We’d welcome feedback on how you find the database and any extra information that you’d like to see included. Email your comments to Carter.Adams@hmtreasury.gov.uk.
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TwitterThe NFIB Business Optimism Index is a monthly survey conducted by the National Federation of Independent Business that measures the economic outlook and sentiment of small business owners in the USA.-2025-09-09
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TwitterThe NFIB Business Optimism Index is a monthly survey conducted by the National Federation of Independent Business that measures the economic outlook and sentiment of small business owners in the USA.
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View monthly updates and historical trends for Small Business Outlook: Expansion. from United States. Source: National Federation of Independent Business …
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View monthly updates and historical trends for Small Business Uncertainty Index. from United States. Source: National Federation of Independent Business (…
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Independent Artists Market is Segmented by Revenue Stream (Streaming, Live Performances, and More), by Distribution Channel (Digital Streaming Platforms (DSPs), Direct-To-Fan Marketplaces, and More), by Genre (Pop, Hip-Hop / Rap, and More) and by Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD),
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NFIB Business Optimism Index in the United States decreased to 98.20 points in October from 98.80 points in September of 2025. This dataset provides - United States Nfib Business Optimism Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Independent Software Vendors (ISVS) Market Size 2025-2029
The independent software vendors (isvs) market size is valued to increase USD 1.56 billion, at a CAGR of 11.9% from 2024 to 2029. Rise in volume of enterprise data will drive the independent software vendors (isvs) market.
Major Market Trends & Insights
APAC dominated the market and accounted for a 32% growth during the forecast period.
By Deployment - On-premises segment was valued at USD 1.15 billion in 2023
By Component - Software segment accounted for the largest market revenue share in 2023
Market Size & Forecast
Market Opportunities: USD 130.16 million
Market Future Opportunities: USD 1559.10 million
CAGR from 2024 to 2029 : 11.9%
Market Summary
The market encompasses a dynamic and ever-evolving landscape of technology providers, specializing in creating and distributing software applications that run on top of a software platform or infrastructure developed by other companies. Key technologies and applications driving this market include cloud computing, artificial intelligence, and the Internet of Things (IoT), with ISVs increasingly focusing on developing solutions for these emerging areas. ISVs offer various service types and product categories, such as software development, consulting, and integration services, catering to diverse industries and sectors. However, the market faces challenges, including high costs of licensing and support, as well as increasing competition from larger software companies and open-source alternatives. Despite these challenges, the ISVs Market continues to grow, with the volume of enterprise data and the rising adoption of cloud computing by end-users fueling demand for customized software solutions. For instance, according to a recent study, the cloud computing market is projected to reach a 21.2% compound annual growth rate (CAGR) between 2021 and 2026, indicating significant potential for ISVs specializing in cloud-based applications. In summary, the ISVs Market is a continuously unfolding ecosystem, characterized by the adoption of core technologies and applications, the provision of various service types and product categories, and the influence of regulations and regional trends. With the increasing volume of enterprise data and the growing adoption of cloud computing, ISVs face both challenges and opportunities as they navigate this evolving landscape.
What will be the Size of the Independent Software Vendors (ISVS) Market during the forecast period?
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How is the Independent Software Vendors (ISVS) Market Segmented ?
The independent software vendors (isvs) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. DeploymentOn-premisesCloud basedHhybridComponentSoftwareServicesIndustryBFSIIT & TelecomLogisticsEducationHealthcareOthersApplicationEnterprise ApplicationsIndustry-Specific SoftwareProductivity ToolsEnd-UserSmall and Medium EnterprisesLarge EnterprisesGovernmentGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaEgyptKSAOmanUAEAPACChinaIndiaJapanSouth AmericaArgentinaBrazilRest of World (ROW)
By Deployment Insights
The on-premises segment is estimated to witness significant growth during the forecast period.
The Independent Software companies (ISV) market continues to evolve, with ongoing activities shaping the landscape. ISVs offer various software solutions, including DevOps implementation and SaaS company management. Performance monitoring tools and software licensing models are essential components, along with third-party integrations and technical support services. Infrastructure as code, cybersecurity best practices, and company relationship management are also critical aspects. API integration strategies, multi-tenant architecture, compliance, and regulations, software testing automation, and database management systems are integral parts of the ISV offerings. ISVs cater to diverse business needs, with a focus on scalability and reliability through software development kits, continuous delivery, and software version control. Agile development methodology, data security protocols, system integration testing, and software architecture design are essential for delivering high-quality, cloud-based solutions. ISVs provide custom software development and open-source licensing, ensuring flexibility and cost-effectiveness. The market prioritizes on-premise software deployment, with a significant portion of large organizations opting for this model due to data security, local ownership, and the ability to make customizations. According to recent studies, over 60% of enterprise workloads will be processed in t
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According to our latest research, the global Independent Sales Organization (ISO) Services market size reached USD 10.8 billion in 2024, registering a robust growth trajectory. The market is forecasted to expand at a CAGR of 9.2% from 2025 to 2033, reaching a projected value of USD 23.9 billion by 2033. This impressive growth is primarily driven by the increasing adoption of digital payment solutions, a surge in e-commerce transactions, and the growing demand for secure, scalable, and compliant payment processing services worldwide. As per our latest research, the ISO Services market is experiencing a dynamic transformation, underpinned by evolving consumer payment preferences, regulatory advancements, and the proliferation of digital commerce channels.
One of the key growth factors propelling the Independent Sales Organization (ISO) Services market is the rapid digitalization of the global economy. As businesses across sectors transition from traditional cash-based transactions to digital and card-based payments, the need for reliable payment processing and merchant account services has intensified. ISOs play a pivotal role in bridging the gap between merchants and acquiring banks, providing tailored solutions that enable seamless payment acceptance. The rise of omnichannel retail, mobile commerce, and contactless payment technologies has further accelerated the demand for ISO services, as merchants seek to offer frictionless payment experiences to their customers. Additionally, the proliferation of fintech innovations and the integration of value-added services such as loyalty programs, analytics, and fraud prevention tools have positioned ISOs as strategic partners for merchants navigating the complexities of modern commerce.
Another significant growth driver is the heightened focus on security, compliance, and risk management within the payments ecosystem. With the escalation of cyber threats, data breaches, and regulatory scrutiny, merchants are increasingly prioritizing partnerships with ISOs that offer robust risk and fraud management solutions. ISOs have responded by investing in advanced technologies such as artificial intelligence, machine learning, and real-time transaction monitoring to detect and mitigate fraudulent activities. Compliance with global standards such as PCI DSS, GDPR, and regional data protection regulations has become a critical differentiator in the market. Furthermore, the growing complexity of cross-border transactions and the emergence of new payment modalities have underscored the importance of comprehensive compliance and consulting services, driving further expansion of the ISO Services market.
The Independent Sales Organization (ISO) Services market is also benefiting from the surge in small and medium-sized enterprises (SMEs) entering the digital economy. SMEs, which often lack the resources and expertise to manage payment processing and compliance in-house, are increasingly turning to ISOs for end-to-end solutions. ISOs provide these businesses with access to merchant accounts, multi-channel payment gateways, and tailored risk management tools, enabling them to compete effectively in the digital marketplace. The democratization of payment technologies, coupled with the growing availability of online onboarding and self-service platforms, has lowered barriers to entry for SMEs, further fueling market growth. As the gig economy, subscription-based models, and direct-to-consumer brands continue to proliferate, the addressable market for ISO services is expected to expand significantly over the forecast period.
From a regional perspective, North America continues to dominate the ISO Services market, accounting for the largest share in 2024, followed by Europe and Asia Pacific. The maturity of the payments infrastructure, high penetration of electronic payments, and the presence of leading payment processors contribute to North America’s leadership position. However, the Asia Pacific region is witnessing the fastest growth, driven by rapid urbanization, increasing smartphone adoption, and government initiatives to promote digital payments. Europe remains a key market, characterized by stringent regulatory frameworks and a strong focus on data protection and consumer rights. Meanwhile, Latin America and the Middle East & Africa are emerging as promising markets, supported by the expansion of e-commerce and the growing adoption of digital
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The Asia-Pacific independent artist market is projected to reach a valuation of XX million by 2033, exhibiting a CAGR of 3.40% during the forecast period (2025-2033). This growth can be attributed to factors such as increasing disposable incomes, growing awareness of the art market, and the rise of online art platforms. Key drivers of the market include the increasing popularity of contemporary art, the growing number of art collectors, and the increasing presence of international art fairs in the region. The market is also segmented by art medium, genre, customer type, and region. Major players in the market include Art Stage Singapore, Hong Kong Art Basel, Tokyo Art Fair, Jakarta Contemporary Art and Design Fair, and Singapore Art Museum. Recent developments include: April 2023: The high-profile film and TV production facilities Iskandar Malaysia Studios were sold to Singapore's GHY Culture & Media. GHY paid RM8.8 million ($1.98 million) for an 80% stake in Studio Management Services, an investment company, to RK Media Ventures Sdn Bhd and CL Media Holdings., March 2023: Art Basel prepared to open the 10th in-person edition of its fair in Hong Kong, it's largest since the COVID-19 pandemic began, behind the scenes the art fair group is sizing up additional revenue streams beyond its four flagship events, especially in Asia.. Notable trends are: Increased in Usage of Digital Media and Tools.
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Independent Software Vendors (ISV) Market is Segmented by Deployment (On-Premise and Cloud), End-User Enterprise Size (Large Enterprises and Small and Medium Enterprises (SMEs)), End-User Industry (IT and Telecommunication, BFSI) and by Geography. The Market Forecasts are Provided in Terms of Value (USD).
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According to our latest research, the global Independent Cost Estimating for DOT Projects market size reached USD 1.68 billion in 2024, reflecting robust demand across transportation infrastructure sectors. The market is expected to expand at a CAGR of 7.2% from 2025 to 2033, with the forecasted market size projected to reach USD 3.13 billion by 2033. This significant growth is primarily driven by increasing investments in transportation infrastructure, heightened regulatory requirements for transparency in public projects, and a rising emphasis on risk mitigation and value engineering within Department of Transportation (DOT) projects worldwide.
The expansion of the Independent Cost Estimating for DOT Projects market is largely attributed to the surge in global infrastructure investments, particularly in the transportation sector. As governments and private entities allocate larger budgets for the development and modernization of highways, bridges, transit systems, and airports, the need for accurate and unbiased cost estimation services has become paramount. Independent cost estimating ensures that project budgets are realistic and competitive, reducing the likelihood of cost overruns and project delays. Furthermore, regulatory agencies and funding bodies increasingly mandate independent cost estimates as part of their project approval processes, further fueling the demand for specialized service providers in this space.
Another critical growth driver is the increasing complexity and scale of DOT projects. Modern infrastructure initiatives often involve multifaceted engineering, advanced technology integration, and stringent environmental and safety standards. These factors necessitate a higher level of expertise in cost estimation, risk assessment, and value engineering. As a result, DOTs and their partners are turning to independent consultants who can provide objective, data-driven insights and recommendations. This trend is particularly pronounced in regions experiencing rapid urbanization and economic development, where transportation networks are being expanded and upgraded at an unprecedented pace.
Technological advancements are also playing a pivotal role in shaping the Independent Cost Estimating for DOT Projects market. The adoption of digital tools such as Building Information Modeling (BIM), advanced cost management software, and data analytics platforms has streamlined the estimation process, improved accuracy, and enabled real-time collaboration among stakeholders. These technologies empower independent cost estimators to deliver more precise forecasts, identify potential risks earlier, and enhance overall project value. The integration of such technologies is expected to further accelerate market growth, as DOTs and contractors seek to leverage innovative solutions for better project outcomes.
From a regional perspective, North America currently leads the Independent Cost Estimating for DOT Projects market, accounting for the largest share in 2024, followed by Europe and Asia Pacific. The United States, in particular, has witnessed a surge in demand due to the Biden administration's infrastructure initiatives and a renewed focus on transportation safety and efficiency. Meanwhile, Asia Pacific is anticipated to register the highest CAGR during the forecast period, driven by large-scale infrastructure projects in countries like China, India, and Southeast Asian nations. Europe continues to maintain steady growth, supported by ongoing investments in sustainable transportation and cross-border connectivity projects.
The service type segment in the Independent Cost Estimating for DOT Projects market encompasses preliminary cost estimation, detailed cost estimation, risk assessment, value engineering, and other specialized services. Preliminary cost estimation serves as the foundation for early project planning, providing stakeholders with an initial understanding
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The global automotive independent front suspension system market is projected to reach a valuation of USD 25 billion by 2032, growing at a CAGR of approximately 6% from 2024 to 2032. The rising demand for enhanced vehicle performance and passenger comfort, along with stringent government regulations on vehicle safety and emission norms, are key factors driving this market growth.
One of the primary growth factors for the automotive independent front suspension system market is the increasing consumer preference for smooth and comfortable rides. Modern consumers are increasingly prioritizing comfort and performance in their vehicles, leading to the adoption of advanced suspension systems. Independent front suspension systems offer superior handling, reduced noise, vibration, and harshness (NVH), and better tire wear characteristics compared to traditional suspension systems. This has made them highly desirable in both passenger and commercial vehicles.
Technological advancements are another significant driver for market growth. Innovations in materials and engineering techniques have led to the development of lightweight and more efficient suspension systems. For instance, the use of advanced composite materials and high-strength steel has resulted in suspension systems that are not only lighter but also more durable. These advancements are crucial as automotive manufacturers strive to meet fuel efficiency standards and reduce the overall weight of vehicles, thereby lowering emissions.
Government regulations and safety standards also play a critical role in the expansion of the automotive independent front suspension system market. Regulatory bodies across the world are imposing stringent safety standards and vehicle performance criteria, which necessitate the use of advanced suspension systems. For example, the European Union and the United States have introduced regulations that require vehicles to meet specific performance and safety benchmarks, prompting automakers to adopt more sophisticated suspension technologies to comply with these standards.
Regionally, the market is witnessing significant growth in Asia Pacific, North America, and Europe. Asia Pacific, led by countries such as China, India, and Japan, is experiencing rapid urbanization and an increasing middle-class population with disposable income, driving the demand for advanced automotive technologies. North America and Europe are mature markets with high vehicle ownership rates and a strong focus on automotive innovation and safety, further contributing to market growth. The Middle East & Africa and Latin America are also emerging regions, witnessing gradual adoption of advanced suspension systems, driven by economic growth and improving infrastructure.
In the realm of vehicle dynamics, Light Vehicles Suspension Strut Mounts play a pivotal role in ensuring a smooth and stable ride. These components are integral to the suspension system, providing a secure attachment point for the strut assembly to the vehicle's chassis. By absorbing shocks and vibrations from the road, suspension strut mounts contribute significantly to ride comfort and vehicle handling. As the automotive industry continues to evolve with a focus on enhancing passenger experience, the demand for high-quality suspension strut mounts is on the rise. This trend is particularly evident in regions with a growing automotive market, where consumers prioritize comfort and safety in their vehicle choices.
The automotive independent front suspension system market by type is segmented into MacPherson Strut, Double Wishbone, Multi-Link, and Others. The MacPherson strut segment holds a significant share in the market owing to its simple design and cost-effectiveness. This type of suspension system is widely used in compact and mid-sized passenger vehicles due to its ability to provide good handling characteristics while being relatively easy and inexpensive to manufacture. The MacPherson strut system is particularly popular in the Asia Pacific region, where the demand for affordable and efficient passenger cars is high.
The Double Wishbone suspension system is known for offering superior handling and ride quality, making it the preferred choice for high-performance and luxury vehicles. This type of suspension allows for better control over wheel alignment and handling dynamics, providi
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| BASE YEAR | 2024 |
| HISTORICAL DATA | 2019 - 2023 |
| REGIONS COVERED | North America, Europe, APAC, South America, MEA |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| MARKET SIZE 2024 | 186.4(USD Billion) |
| MARKET SIZE 2025 | 194.6(USD Billion) |
| MARKET SIZE 2035 | 300.4(USD Billion) |
| SEGMENTS COVERED | Type of Power Generation, Water Production Method, Operational Model, End User Sector, Regional |
| COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
| KEY MARKET DYNAMICS | Increasing energy demand, Shift towards renewable energy, Government incentives and policies, Technological advancements, Investment in infrastructure |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | ACWA Power, First Solar, Siemens Gamesa, Brookfield Renewable Partners, Pattern Energy, Lumos Networks, Orsted, Innergex Renewable Energy, Capital Dynamics, Enel, Iberdrola, Invenergy, Engie, NextEra Energy, Sempra Energy, EDPR |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| KEY MARKET OPPORTUNITIES | Growing demand for renewable energy, Increasing investments in private power, Technological advancements in water efficiency, Urbanization driving infrastructure needs, Expansion in emerging markets |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 4.4% (2025 - 2035) |
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TwitterThe statistic shows GDP in India from 1987 to 2024, with projections up until 2030. In 2024, GDP in India was at around 3.91 trillion U.S. dollars, and it is expected to reach six trillion by the end of the decade. See figures on India's economic growth here, and the Russian GDP for comparison. Historical development of the Indian economy In the 1950s and 1960s, the decision of the newly independent Indian government to adopt a mixed economy, adopting both elements of both capitalist and socialist systems, resulted in huge inefficiencies borne out of the culture of interventionism that was a direct result of the lackluster implementation of policy and failings within the system itself. The desire to move towards a Soviet style mass planning system failed to gain much momentum in the Indian case due to a number of hindrances, an unskilled workforce being one of many.When the government of the early 90’s saw the creation of small-scale industry in large numbers due to the removal of price controls, the economy started to bounce back, but with the collapse of the Soviet Union - India’s main trading partner - the hampering effects of socialist policy on the economy were exposed and it underwent a large-scale liberalization. By the turn of the 21st century, India was rapidly progressing towards a free-market economy. India’s development has continued and it now belongs to the BRICS group of fast developing economic powers, and the incumbent Modi administration has seen India's GDP double during its first decade in power.
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The global independent software vendor market was valued at USD 2.12 Billion in 2024. The industry is expected to grow at a CAGR of 9.20% during the forecast period of 2025-2034 to reach a value of USD 5.11 Billion by 2034. The rising number of investments in digital transformation projects worldwide is the key driver propelling the global independent software vendor market.
Government bodies and private organizations alike are actively working to modernize business operations with the integration of automation and AI technologies. To cite an instance, the Government of India allocated Rs 782 crore for digital transformation in the 2025-2026 budget, representing a 143% jump from the 2024-2025 budget. This was to promote digital transportation and AI adoption in India. Several enterprises are deploying specialized software solutions from ISVs owing to the advantages it offers, such as improved efficiency and lower operational costs.
Additionally, the ongoing efforts by tech firms in creating tech adoption platforms further contribute to independent software vendor industry growth. Citing a prime example, in April 2025, Convoso, a leading CCaaS provider, developed an ISV Partner Marketplace to help contact centers find integrated third-party solutions and enable ISVs to find new customers, while strengthening Convoso’s tech ecosystem. With such tools, businesses are optimizing workflows and gaining real-time insights for smarter decision-making, further contributing to the growing need for independent software vendors.
Another factor contributing significantly to the market expansion is the formation of strategic partner ecosystems between ISVs and leading platform providers such as IBM, Microsoft, AWS, Salesforce, and Oracle. Such partnerships offer opportunities like co-selling channels, extensive app marketplaces, and marketing support, offering a wide access to independent software vendor markets. For example, in June 2025, Primer Technologies, a leading AI solutions provider, joined the AWS ISV Accelerate Program that connects independent software vendors with AWS Sales to generate new business. This enabled Primer to diversify its reach by integrating its products within the AWS ecosystem and benefiting from co-selling opportunities.
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The global independent microgrid market is projected to reach USD 35 billion by 2033, growing at a CAGR of 11.5% from 2025 to 2033.
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This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.
Historical daily stock prices (open, high, low, close, volume)
Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)
Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)
Feature engineering based on financial data and technical indicators
Sentiment analysis data from social media and news articles
Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)
Stock price prediction
Portfolio optimization
Algorithmic trading
Market sentiment analysis
Risk management
Researchers investigating the effectiveness of machine learning in stock market prediction
Analysts developing quantitative trading Buy/Sell strategies
Individuals interested in building their own stock market prediction models
Students learning about machine learning and financial applications
The dataset may include different levels of granularity (e.g., daily, hourly)
Data cleaning and preprocessing are essential before model training
Regular updates are recommended to maintain the accuracy and relevance of the data
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TwitterForecasts for the UK economy is a monthly comparison of independent forecasts.
Please note that this is a summary of published material reflecting the views of the forecasting organisations themselves and does not in any way provide new information on the Treasury’s own views. It contains only a selection of forecasters, which is subject to review.
No significance should be attached to the inclusion or exclusion of any particular forecasting organisation. HM Treasury accepts no responsibility for the accuracy of material published in this comparison.
This month’s edition of the forecast comparison contains short-term forecasts for 2025 and 2026.