Specifications include, but are not limited to: ECONOMIC FORECASTING SERVICES. The forecasts must be completed and delivered to the TriMet project manager by October 15 eachyear of the contract.TriMet requires that the economic forecast for the Portland, Oregon MSA incorporates a nationaleconomic forecast from a qualified economist or economic forecasting organization. A nationaleconomic forecast means regular analysis and projections of standard macro-economic variables,which include the gross national product, the components of gross national product, housing starts,industrial production by Standard Industrial Classification (SIC), non-agricultural employment bysector, unemployment rates, personal income and its components, interest rates, wage rates andinflation. These economic variables should be forecast at a quarterly frequency for three years intothe future
