Word: drying
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Dates: during 1970-1979
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Data Resources Inc. (DRI), the economic forecasting firm founded by Otto Eckstein, Warburg Professor of Economics, plans to sell shares to the general public soon, following record profits in the first half of this year...
...fallen on the economic boom. Time was when the word connoted something unqualifiedly positive, as in "booming industry" and "boom times." But because a boom all too often leads to inflation and then to bust, Data Resources Inc., an economic consulting firm in Massachusetts, has set up a "DRI Boom Monitor" to alert subscribers when a healthy recovery shows signs of turning into an unsustainable boom...
Eckstein, founder of Data Resources Inc. (DRI), one of the nation's largest economic forecasters, is not officially associated with NEEP, a non-profit group concerned with New England economic projection...
...list of DRI clients "reads like a list of who's who in American business," the New York Times reported. Eckstein says that included in the more than 600 clients are Union Carbide, Harris Trust and Savings, Shell Oil, Morgan Guaranty Trust and Xerox. Some of the firm's government clients are the President's Council on Economic Advisors, the United States Treasury and the Canadian Ministry of Finance...
...Although DRI will not release its financial figures, sources in the company say that annual revenues have increased by 70 per cent every year since 1970. The firm grossed more than $10 million in the past fiscal year, an average of $20,000 per client, the source said...