Word: forecasting
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...next day after Carter's surprisingly sunny forecast, White House aides tried to dispel the impression of presidential zigzagging. Fielding calls from politicians across the country, they insisted that Carter had not meant to imply that the overall gasoline squeeze was over. In fact, even when U.S. stocks of crude oil inch up to 1978 levels, as expected by July, they will fall short of demand by about...
Blumenthal's forecast was not gloomy. Late in the week, the Business Council, a group of high-powered corporate chiefs, issued a prediction of a 9.5% inflation rate for the year, along with a "pronounced, although mild recession." But the Treasury Secretary's candor raised hackles at the White House, which is sticking with its inflation forecast despite much evidence that it is overly optimistic. During the first quarter the annualized rate hit a scary 13%. The Treasury chiefs frankness will surely increase resistance to the "voluntary" wage-price guidelines among both labor and business...
...surprised by declining enrollment. Experts had been predicting a steady growth in the town for years. Besides, Joseph E. Hill, superintendent for District 65, points out: "It was something we did not like, so we were reluctant to meet it head on." But last fall, after making a rough forecast of pupil population by counting birth records at local hospitals, the district faced up to a grim conclusion: the present total of 8,000 students, already down 3,000 from the 1968 record of 11,000, would drop to 6,000 in five years. At the same time, townspeople voted...
With forced bravado, some sought to laugh off their experience. A radio station in the area broadcast a mock weather forecast: "Partly cloudy tomorrow with a 40% chance of survival." Another: "Two thousand degrees and bright." Yet another: "What's the five-day forecast for Harrisburg?" "Two days...
...Leading the price index was food, which jumped 1.2%, with particularly severe rises in beef and veal. So far this year, beef prices have increased at an annual rate of more than 100% and are expected to remain oppressively high for the rest of the year. The standard Administration forecast calls for inflation to moderate, but not before several months more of big price rises...