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...questions put to DRI's computer range from economic esoterica ("What is the price of strawberries in Manitoba?") to the effects of broad economic trends on specific products ("How will the change in personal income for August alter the price of chlorine?"). Eckstein, a member of TIME'S Board of Economists, has the answers because he has built by far the world's largest bank of economic statistics-more than 3.5 million series of figures about the U.S. and 127 other countries. These data are constantly updated by his staff of 250 economists and analysts from...
With fees from these prophecies, personal consulting and other services, DRI's revenues rose 35% last year, to just over $17 million, and profits climbed 70%, to $1,502,000; they are growing somewhat faster this year. That has made Eckstein, at 50, probably the richest American economist. Since DRI went public last November, the shares have bucked the bear market and risen from $11.50 to $18 bid, giving Eckstein and his family a stake of more than $4 million...
Eckstein said he plans to continue teaching part-time at Harvard and to remain president of DRI, although he acknowledged "questions as to whether it is possible to combine teaching with directing the firm...
...DRI announced in August that profits for the first half of 1976 were $618,000. Profits for all of 1975 were...
...company plans to sell 132,500 shares, for a total of nearly $2 million, a prospectus released by DRI states...