Word: eckstein
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...report presented to government officials earlier this week. Warburg Professor of Economics Otto Eckstein blamed American industrial woes on the high cost of capital and the strength of the U.S. dollar...
...series of meetings with Congressmen and Administration staffers. Eckstein also called for a reduction of the federal budget deficit and a more aggressive foreign trade policy to revive faltering manufacturing industries...
...study to be released as a book in March, comes after more than a year of research by Eckstein's Lexington consulting firm, Data Resources Inc. Nine major corporations sponsored the study- AT&T, BEthleham Steel, Burlington Industries, DuPont, Eastman Kodak, Ford, Goodyear, John Deere, and Texaco...
Economists generally shared the optimism found in the markets. Said Otto Eckstein, chairman of Massachusetts-based Data Resources: "The economy is in a classic expansion phase. With employment up by such a magnitude and store sales rising, as high as they did, incomes and retail sales will continue to rise in the months ahead." Concurred Alan Greenspan, chairman of the Townsend-Greenspan economic consulting firm: "This news is telling us that the recovery is still solid and still has a long...
...growth, declining unemployment and low inflation. And TIME's Board of Economists, which met last week in Manhattan, sees business remaining strong next year, while the jobless rate continues to fall and prices inch up only slightly. With an eye toward next year's presidential campaign, Otto Eckstein, chairman of Data Resources, a Lexington, Mass., economic consulting firm, concluded: "The 1984 outlook is very nice, at least for a Republican...