MarketTrak Question/Comment Message

Posted By: Jim S.   Date: Mon May 28, 2007

Title: New forecast model ?

  You mentioned a couple of months ago that you were working on a new forecast model. What is the status of that?

  We completed development and we are in a testing phase. There is no rush to switch to the new model as it is yielding forecasts which are nearly identical to the current model. The new model is slightly more accurate in the 2002-2004 timeframe. If we start to see a divergence in forecasts, we will decide then on making a switch.

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