NEMS Impact Analysis
(All error decomposition is for the forecast year
2006)
AEO 1998 Projections for
Commercial Sector Natural Gas Consumption in 2006
Actual Projected Difference %Difference Impact
%Impact
Quantity 2.92 3.646 .726 24.86 N/A N/A
Price 10.34825 7.542997 -2.8052 -27.11 .2090603 7.16
Floorspace 74.8 79.8 5 6.68 .162595 5.57
Lag
Quantity 3.089 3.618 .529 17.13 .1528223 5.23
Weather:HDD 3996 4524 528 13.21 .1826 6.25
Weather:CDD 1368 1242 -126 -9.21 -.0031 -.11
Total
%
24.11
Explicit% 18.88
Lag%
5.23
Unexplained%
.022 .75