what is economic outlook 
economic outlook is a concept closely related to economic conditions whereas the latter refers to present characteristics the former more often refers to projections about what future economic conditions will be economic outlook is a future oriented hypothesis about how the economy of tomorrow may shape up the bottom lineeconomic conditions are the characteristics of an economy at any given point in time they can be measured with a range of metrics and indicators such as unemployment rate inflation output and more economic conditions evolve in accordance with business cycles which involve both periods of expansion and contraction 