[3] The Western Blue Chip Economic Forecast includes forecasts on the following states in the Western United States: Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming.
[5] There has been some academic research into the accuracy of the Western Blue Chip Economic Forecast.
A 2003 paper by Carol T. West (published just two years after the forecast became operational) pointed to the data set from the Western Blue Chip Economic Forecast as a valuable information source for future studies of the accuracy of regional forecasts.
Moreover, based on an informal survey of the most accurate forecasters, it found that they were likely to use formal statistical models rather than pure judgment.
[7] The Western Blue Chip Economic Forecast has been cited in Forbes as one of the few sources of regional forecasts for the economy of the United States.