DuckerFrontier is delighted to announce that we have won 15 FocusEconomics Analyst Forecast awards in 2018. Competing with more than 120 organizations, DuckerFrontier ranks in the top 9% of firms by number of awards won. This is the third consecutive year that DuckerFrontier has proven itself as a top economic forecaster (click here to see the awards DuckerFrontier won in 2016 and 2017). We appreciate the effort that FocusEconomics has taken to organize the awards, and are extremely proud of our analysts for this amazing achievement.
FocusEconomics is the leading provider of consensus forecasts. They collect economic forecasts every month from organizations around the globe, including data providers, major financial institutions, multinational companies, and government agencies. Some of the major economic indicators that they collect are GDP, Inflation, Interest Rate, etc. Each year, FocusEconomics releases the Analyst Forecast awards. For each market and economic indicator, they compare the historical forecasts from each organization across the past 24 months against the true value. The top 3 organizations who forecast the true value the soonest and most accurately win the awards.
We believe that the key for DuckerFrontier’s great forecasting performance is our ability to combine excellent economic analysis and ever-growing in-market experience. Our analysts talk to senior executives at large, multinational corporations on a regular basis, which allows us to sense market changes quickly and accurately. Furthermore, at the beginning of every month, before the forecasting cycle starts, our analysts meet to discuss all critical events happening around the globe to understand and assess the external impact to their own markets. At the end of the forecasting cycle, a thorough quality control is conducted to ensure all forecasts align with our global view.
Below is the list of the awards. Congratulations to DuckerFrontier’s research, economics, and data teams!