Hi Peter - based upon the September and 3Q10 sales numbers reported by the WSTS (as you posted) the Cowan LRA forecasting model predicts 4Q10 sales coming in at $78.614 billion (down 1.0 percent from 3Q10's sales). Consequently, 2010's sales forecast estimate is predicted to be $302.646 billion which corresponds to a yr-o-yr sales growth forecast estimate of 33.7 percent for 2010.
Moreover the model's "first look" at 2011's sales growth forecast is 1.8%. However, I should point out that this first pass forecast expectation for 2011 will "evolve" each month as 2010 wraps up and as 2011 plays out.
Blog That A-Ha Moment Larry Desjardin 11 comments Have you ever had an a-ha moment? Sure, you have. The Merriam-Webster dictionary defines it as "a moment of sudden realization, inspiration, insight, recognition, or ...