Word: expected
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...future trends, the index of leading economic indicators, fell 1.7% in November, its steepest slide in more than six years. Economists noted, however, that falling stock prices accounted for much of the decline. The fate of the economy may depend on what happens to the trade balance. Most experts expect that the dollar's fall will lead to a surge in exports and a drop in imports. If that happens, less domestic consumer spending will be needed to keep the economy healthy. "There is a risk of recession in 1988," concedes Lawrence Chimerine, chairman of the WEFA econometric forecasting firm...
...litmus test of racial justice in New York. Since the June acquittal of Bernhard Goetz on all but a minor count for his subway attack on four black youths, many of New York's black leaders have been claiming that the city is not a place where blacks can expect equal justice. The atmosphere inside the Howard Beach courtroom mirrored the racial polarization that they say is afflicting the city. A largely black audience packed one side of the courtroom, with Jean Griffith, the victim's mother, at the center. On the other side, amid a white crowd, were...
...Last weekend the Harts sat and talked. They had often discussed the kinds of personal questions they might expect from the press. Now Lee told her husband she was afraid that he might be hurt badly, but in the end she could not be the one to stand in his way. Both their children wanted him to get back in. They felt he had looked weak by withdrawing. By the end of the weekend the decision was made...
...loans and rising competition are choking the profits of America's 14,300 banks, killing hundreds of small institutions and stunting the growth of larger ones. Earlier this month federal regulators closed nine insolvent banks in a single day; during all of 1987 they expect to shut down nearly 200, a post-Depression record. Says L. William Seidman, chairman of the Federal Deposit Insurance Corporation (FDIC): "The banking industry will have its worst year since...
Already, the limited coming-to-grips with bad loans has wiped out 1987 profits at many major U.S. banks. Analysts expect most of the largest institutions to post overall losses. Among them: Citicorp, BankAmerica, Chase Manhattan, Manufacturers Hanover and Chemical Bank. Last week Pittsburgh's troubled Mellon Bank, the twelfth-ranking U.S. institution, disclosed that it would be about $220 million in the red for the fourth quarter, after boosting its loan-loss reserves...