Overview
We have received several inquiries from clients and industry professionals regarding the methodology used in our business jet production forecasts. Specifically, questions have focused on the inclusion of a projected downturn in a future year based on our recession assumptions, so we are using this article to outline the reasoning behind this approach, the supporting historical analysis, and why our methodology differs from others in the sector.
Business Jet Production Forecast Methodology
Our forecasting approach is based on the historical relationship between macroeconomic cycles and business jet production. While the commonly cited claim that recessions occur every ten years is not entirely accurate when reviewing long-term FRED (Federal Reserve Economic Data) data, we…more
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