The number of named storms goes from 17 to 15.  Intense hurrricanes goes from 5 to 3.

Dr. Gray provides the following reason for this reduction.

"We have reduced our forecast from our earlier predictions issued in early December, early April and late May.  There have been no large changes in any particular atmospheric and oceanic predictor that have caused us to do this.  There has, however, been a combination of changes in the ocean/atmosphere system that indicate to us that this season is no longer likely to be as active as our earlier predictions indicated.  Physical features which have become less favorable for an active hurricane season are as follows: