Word: forecasts
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Dates: during 1940-1949
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...possibility of a bigger influenza epidemic than the U.S. has had in 20 years was forecast by public health doctors at a meeting in Atlantic City. Reasons: 1) the nation has been steadily losing the partial immunity it got from the flu scourges of World War I; 2) the virus that caused mild regional epidemics last year has probably been growing in strength; 3) once more hordes of men are crowded in Army camps...
Sperry's procedure: 1) the total manufacturing load is forecast as far ahead as possible; 2) a Methods Department determines what operations must be undertaken by Sperry itself; 3) the remainder are turned over to a Subcontracting Department which, on showings made on educational orders, farms them out. Full technical assistance is lent subcontractors; so sometimes is money...
...tosser was liberal Seymour Edwin Harris, Harvard associate professor of economics and longtime pal of Britain's John Maynard Keynes. In a new book called The Economics of American Defense (Norton; $3.50), Professor Harris this week forecast a post-war debt of $75 to $100 billion, a steady increase thereafter "to keep spending at a high level during the post-war (depression) period." By 1980, figured Harris, the debt will be $250 to $300 billion...
...made this forecast before the liquor industry stepped up. By making a few quick (and inexpensive) changes in their present stills, the distillers can convert the shortage into a surplus. This will cut whiskey production by only 12-15%, not enough to worry barflies (current liquor stocks could last for five years). The Government meanwhile rids itself of some near-useless, near-rotting corn. The transportation squeeze is helped a bit because most distilleries and powder plants are in the same area-Kentucky, Maryland, Virginia...
Fortnight ago the Federal Reserve Board clamped down on installment sales (TIME, Aug. 25). This week, in the course of explaining that order, FRB Chairman Marriner S. Eccles forecast a new one. "The public should be fully aware," he said, "that the regulation is subject to change ... as economic conditions require a further dampening of buying power." Now is the time, said he, for wage earners to "get out of debt...