Word: forecasts
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Dates: during 1970-1979
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...annual rate of 7% or more, v. 4.9% in the last three months of 1975. The recovery "is stronger than we expected," says Alan Greenspan, chairman of the Council of Economic Advisers. "The data we have for January and February indicate the economy is moving somewhat better than the forecast we made back in early December...
...There is no way to forecast the ratio," Pipkin said. "Theoretically, it could be all girls...
Otto Eckstein, head of Data Resources Inc., a private forecasting firm, observes that the budget assumes the recovery will be kept going in 1977 by a bigger and faster surge in private demand, and particularly in business spending for new plant and equipment, than he believes will occur. David Grove, a nonpartisan vice president of IBM, agrees: "For the past two or three years, the economic and political situation has been so unstable that it is very hard for business firms to determine what degree of risk is prudent in any investment project." If the Ford budget is adopted...
...will be easier to forecast what the season holds for the Crimson fencers after they meet Princeton on February 7. By then Princeton will have fenced Penn, a very strong squad who has the best sabre contingent in the nation, according to Marion...
...announced that gas supplies would come closer to meeting demand than it had anticipated in October. The revised prediction estimates that potential demand will exceed supply by 21% rather than the previously forecast 23%. Though the 2% difference seems small, it is crucial-just enough to remove the threat of supply cutoffs to industrial plants that can use only natural gas as a fuel. Barring abnormally cold weather, Zarb now says, the only factories and utilities likely to have their gas supplies interrupted are those that can switch to alternative fuels like oil; the clear implication is that gas shortages...