Word: forecaster
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Dates: during 1950-1959
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Hurricane Cindy, which poohed out last week on the South Carolina coast, was not much of a storm, but it left the U.S. Weather Bureau's hurricane forecasters in a state of mild exaltation. Well before Cindy hit the coast, they predicted that she would be a mild blow and advised Carolinians to relax. The dead-accurate forecast saved untold time, effort and money, and to meteorologists, it was one more bit of evidence of how far their inexact science has advanced. In 1935 the Weather Bureau duly warned that a hurricane was approaching the Florida Keys. It could...
...sharp employment push was also helped by the fact that new plant and equipment expenditures, another area of economic lag during the recovery, are starting to pick up. First-quarter spending was at the rate of only $30.6 billion, but the second-and third-quarter forecast is for a rate of $32.3 billion and $33.4 billion, both well above last year's $30.5 billion...
...FARM-INCOME drop of about $1 billion to $12.1 billion in 1959 is forecast by Agriculture Department because of higher production costs and elimination of some soil-bank payments. Income is still expected to be well above...
...recent flurry of suggestions on freshman year and reports that the Administration plans to make some changes in the freshman program next fall is highly encouraging. While the faculty has recast honors tutorial it has so far done little about improving freshman education and non-honors tutorial. The innovations forecast for at least the former will indeed be welcome...
...production, recovering all of its recession drop, is at a new high. The recovery has not only been faster than many an economist dared forecast a few months back, but has actually been faster than official figures showed. The Federal Reserve Board announced that overall industrial production in March rose to 147% of the 1947-49 average, a point more than the previous record of 146% in February 1957. The FRB also revised upward its February industrial output figure from 144%, as previously announced, to 145%. Most encouraging was the fact that the extra boost in production has come from...