I will return to this subject in more detail later in my remarks. Forecasts are always subject to qualification.
Factors that may cause either positive or negative deviations from the forecasts in the Outlook Report published in October include (1) developments in overseas economies, including movements in crude oil prices and demand for IT-related products; (2) developments in domestic private demand; (3) developments in domestic financial and foreign exchange markets; and (4) issues relating to the health of the financial system and the disposal of nonperforming loans.