It’s that time of year again when people in my line of work (“profession” is probably a stretch given the low esteem in which the media is held) look back and offer up top-10 lists or reminisce about the most memorable moments, good and bad. For the economic forecasting community, year-end provides an opportunity to gaze into the crystal ball, or tweak the econometric model, and tell us what to expect in the next 12 months. In an effort to combine the two traditions, I compiled a handful of forecasts that that didn’t come to pass in 2011 -- for which we should be grateful! 1. Recession Redux When the Bureau of ... (full story)