If results of the auction diverged too much from what models forecast, that could be a reason not to use the results, he indicated.

After being cautious about the stock market for some time, the model based on this statistic is now forecasting healthy gains.

The model also forecast dust in North Africa, elsewhere in the Mideast and China.

No econometric model can forecast a winner in that fight.

One model predicted the new cyclone to absorb the depression, although most other models forecast for the depression to remain the dominant system.

But our models were forecasting "chronic, serious and endemic nutrition shortages" in the U.S. That's a fancy way of saying "famine."

Some models forecast an ice-free Arctic for at least part of the year before the end of the twenty-first century.

The 538 model had forecast that Buck would win by 1 percentage point.

The 538 model had forecast a net pickup of 7 seats by the Republicans in the Senate, but the outcome was a pickup of 6 seats.

Economists use these models to understand past events and to forecast future events, e.g., demand, prices and employment.