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economic outlook

economic outlook

5 3.9
A prediction of how the economy will be in the near future
  • noun
  • /ˌiːkəˈnɑːmɪk ˈaʊtˌlʊk/
translation icon : perspectiva económica
  • No wonder 57% of voters have recently rated the economic outlook as being better!

Examples

  • "Uncertainties about the economic outlook are unusually high right now," he said.

    Blog text (1)
  • Europe's debt woes have been blamed for the sharp deterioration in the global economic outlook over the last few months.

    Blog text (27)
  • The report contains much more information about both the budget and the economic outlook.

    Blog text (7)
  • Unfortunately, we are heading into a bad economic outlook from what I can see.

    Blog text (18)
  • A quarter of this age group said they were worried about the bleak economic outlook.

    Academic text (2009)
  • Or they might fail to diversify into global markets where the economic outlook might be better than at home.

    Blog text (6)
  • So there are efforts to improve educational attainment and change the economic outlook for so many otherwise abandoned communities.

  • Guatemala is considered a country with a promising economic outlook that has made progress in achieving institutional stability after a prolonged civil war.

    Academic text (2017)
  • Three years into the recovery, the economic outlook is improving as economic growth is stabilizing and job creation is gradually accelerating.

    Blog text (24)
  • The recent report predicted a positive economic outlook for the next quarter, based on strong consumer spending.

Synonyms

forecast
vseconomic outlook
197 1.8

A statement that says what will probably happen, for example the weather or business

focuses this prediction on a nation's financial future based on current trends
projection
vseconomic outlook
137 4.4

An estimate of a future result based on past and present data

applies that data based estimate specifically to a nation's financial conditions

How Optimistic

rosy outlook
1 3.7
economic outlook
5 3.9

Surface Forms

Morphology

economic + outlook

The meaning 'likely future state of the economy' is directly derivable from combining 'economic' (relating to the economy) with 'outlook' (an expectation or forecast). This is a straightforward, compositional noun phrase common across languages, so a B1 learner who knows both words should understand the MWE.

Etymology

Economic outlook may come from the simple image of looking out from a window or a hill to see what is coming; here outlook is the view ahead and economic shows the view is about money, jobs and business. So it means 'the likely future state of the economy'.