What's more, Viacom warned last week that its financial results this year would be below previous forecasts.
But it is selling well below early forecasts.
But he was ousted from his new post last week after the company said profits would be below forecasts.
The results were drastically below forecasts of about £7 million.
The revised budget was based on April tax receipts, which were far below forecasts.
When compared with the second quarter, however, the economy grew a more modest 1 percent, slightly below most forecasts.
Both housing starts and the number of building permits issued in August were well below forecasts.
Earnings, however, were 13.5 percent below forecasts, because of losses on the company's stock holdings.
Government spending programs are already under restraint, so that revenue growth has reduced the Federal budget deficit to low levels, below even optimistic forecasts.
Last week, Dell warned that revenue for its fiscal third quarter would be 3 percent below previous forecasts.