Word: forecasts
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Dates: during 1950-1959
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...important indicator was outlined last week by Secretary of Commerce Sinclair Weeks, who told the National Association of Manufacturers' meeting in Manhattan (see BUSINESS) that business activity in the first half of 1956 will rise to new heights. Weeks's forecast was based on a Commerce Department survey indicating that private capital expenditures for new plants and equipment for the first three months of the year will run at the highest rate in history, 12% above this year. If business activity and employment make only a moderate rise, total U.S. revenue will go up substantially. Each dollar over...
Equipped with Rocky Mountain-climbing Hall-Scott motors, the engine can travel up to 85 miles per hour, "and you can bet that she'll really steam down that road with all cylinders popping," Lynch forecast. The engine is the third of only three of its kind ever made. Cambridge owns two of the machines, while Memphis has the only other...
...spirited clash is forecast for tonight's meeting of the Harvard Law School Forum. The two speakers are William F. Buckley, the fiery author of "God and Men at Yale" and a self-confirmed conservative, and James A. Wechsler, the liberal editor of the New York Post...
MANY foreign businessmen like to protest that their success or failure hinges on fluctuations in U.S. tariffs; e.g., when the U.S. boosted bicycle tariffs British businessmen forecast dire effects for their industry. Yet few of them look to see where their own countries stand on tariffs. There is strong evidence that while the U.S. has been steadily reducing tariffs, many other nations have been dragging their feet. Example: after the U.S. cut duties on cotton goods up to 50%, Japanese imports doubled; they poured in so fast that Japan last week clamped on an embargo for fear of U.S. reprisals...
...specialists think that it is based, to a large degree, not on speculation but on the present prosperity and the bright future of U.S. business. For the first half of 1955, corporate profits after taxes hit an annual rate of $21 billion, 162% better than 1929. And the forecast for the second half year is even better: profits of $23 billion, well over last year's figure and almost equal to the 1950 record. On the basis of sales and earnings, many stocks are not regarded by Wall Streeters as too high. The price-earning ratio which economists...