Word: forecasted
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Dates: during 1980-1989
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...board's optimistic forecast, made in the face of a slowdown that chopped third-quarter growth to an annual rate of just 1.9%, noted the absence of such traditional preslump signals as climbing inflation and badly shaken consumer confidence. On the contrary, prices continue to hold steady and shoppers have been in a fairly good mood. The Commerce Department reported last week that November retail sales were up 1.8%. That early Christmas-season gain, the healthiest monthly increase since April, helped allay retailers' fears that holiday buying would be weak. Other key indicators showed that November industrial production...
Another of Ferraro's strengths turned out to be a star-quality ability to attract crowds, which were consistently larger than forecast in her many miles of travel: 15,000 in Seattle; 18,000 in Atlanta; 50,000 in Amherst, Mass. In fact, stop for stop, she frequently outdrew Mondale. That was doubtless due in part to the novelty of her candidacy, but Ferraro also became a consummate pro at working audiences, acknowledging chants of "Gerry! Gerry!" with a rakish wave and confident smile...
TIME'S economists forecast swift growth in East Asia and Australia...
...standout is Singapore, which is expected to end the year with an 8.6% growth rate. Exports of garments and electrical machinery have been brisk, and the government has stimulated the construction industry through heavy spending on public housing and Singapore's new rapid transit system. Economist Narongchai forecast that growth will remain in the 8% range through...
...Thailand, expansion has also been constrained by conservative economic policies. The government has restricted the money supply and imposed import controls to combat a worrisome trade deficit that was almost $4 billion last year. Narongchai forecast that growth would hover at its current level of about 5.5% through 1985. Looking at the long term, he voiced concern that half of Thailand's population of 49 million is less than 20 years old. The influx of young people into the work force may aggravate unemployment, which now stands...