Are Economic Forecasters Worth Listening To?

 https://hbr.org/1984/09/are-economic-forecasters-worth-listening-to

We argue that economic forecasts deserve to be taken seriously, not necessarily because they promise to be accurate but because they are so much more useful than having no forecasts at all. We do not say that managers should listen to all forecasts or to all forecasters; that is the sure road to total confusion. Rather, we say that forecasts properly used and understood will lead to better business decisions than forecasts ignored or naively used.