Word: forecaster
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Dates: during 1960-1969
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...what's going to happen." One of the things that may happen is forecast in the Douay translation of Ecclesiastes 5:10-"Where there are great riches, there are also many to eat them." Under the Babson trust, an annual income of about $7,000 is to take care of the prizes. This year the prizes amount to $17,042 instead of the $7,000 allotted for them. To keep the fund from shrinking too fast, Roger Babson promised to put up more money...
...Slowdown. Looking at these signs of strength, top industry and Government economists attending the semiannual meeting of the Commerce Department's Business Advisory Council forecast that strong consumer demand will carry the U.S. economy through 1960 and the first months of 1961 without any slowdown...
...barometer counties of Coos and Strafford (which have rarely failed to forecast the November outcomes in their March primaries, the Democrats won-5,059 to 4,893 in Strafford, 5,060 to 4,338 in Coos...
President John F. Smith Jr. of Inland Steel Co. estimated that 1960 steel-industry production will hit 120 to 125 million tons, down from his earlier forecast of 130 million, but still way above the previous record of 117 million tons in 1955. "Caution is in the wind," said Jones & Laughlin Steel Corp. Chairman Avery C. Adams, "because there are a few tangible signs that the early 1960 targets for the economy as a whole were set too high." Nevertheless, he expects that his company, fourth biggest steelmaker, will set records for 1960 sales and profits...
...first time in a generation, U.S. fiscal (budget) and monetary (credit) policy are pulling in tandem rather than in opposite directions. Money supply and growth demands of the economy seem to be approaching balance. On one side of the bright new equation is the hefty $4.2 billion surplus forecast for fiscal 1961 by the Treasury, biggest projected surplus since the Truman Administration's $8.4 billion in 1948. And on the other side is the slowly achieved success of the Federal Reserve System in trimming the credit supply to the most easily managed proportions since the '20s: about...